SEC Form 4 · accession 0001144204-16-087581
GETTY REALTY CORP /MD/ · GTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Milton Cooper
Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052752
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 917,830 | D | ||
| Common StockF2 | holding | — | — | — | 233,388 | I | Held by Charitable Foundation | |
| Common StockF3 | holding | — | — | — | 69,918 | I | By Spouse | |
| Common Stock | holding | — | — | — | 23,822 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 134,052 | I | By CLS | |
| Common StockF5 | holding | — | — | — | 0 | I | By P-ship in which Filer has 50% int. | |
| Common StockF6 | holding | — | — | — | 0 | I | By Qual. Pension Plan to Benefit Filer | |
| Common Stock | holding | — | — | — | 4,557 | I | By Retirement Fund |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF9,F7,F8 | — | Mar 9, 2016 | A | 5,000 | A | — | — | Common Stock | 5,000 | 35,500 | D |
Explanation of responses
- F1Increase in securities is the result of (i) a special stock dividend by the Issuer of which 19,385 shares were issued directly to the Reporting Person, and 1,710 shares were re-distributed to the Reporting Person proportionate to his ownership of an S-corporation which had received the aforesaid special dividend and redistributed same in kind to its shareholders; and (ii) 4,981 shares acquired under the Issuer's dividend reinvestment program. See also footnote 5 and 6 below.
- F2Increase in securities (6,281) is the result of a special stock dividend by the Issuer.
- F3Increase in securities (1,881) is the result of a special stock dividend by the Issuer.
- F4An S-corporation in which the reporting person is a shareholder. Shares indicate Reporting Person's proportionate ownership of said S-corporation.
- F5These shares (10,311) were previously erroneously reported as indirectly owned when in fact they are directly owned. This correction does not result in any change in the amount of securities beneficially owned by the Reporting Person.
- F6These shares (2,421) were previously erroneously reported as indirectly owned when in fact they are directly owned. This correction does not result in any change in the amount of securities beneficially owned by the Reporting Person.
- F7Each RSU is settled for 1 share of common stock or the cash equivalent upon the settlement date noted in footnote (8) below.
- F8Restricted Stock Units vest ratably over five years commencing on the first anniversary of the date of grant and are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date or termination of service as a director of the Company.
- F9The RSUs were received by the Reporting Person for no consideration