SEC Form 4 · accession 0001144204-19-012360
GETTY REALTY CORP /MD/ · GTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark James Olear
Officer — Exec VP & Chief Operating Ofc
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 7:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052752
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restircted Stock UnitF3,F1,F2 | — | Mar 1, 2019 | A | 16,500 | A | — | — | Common Stock | 16,500 | 65,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) is settled for 1 share of common stock or the cash equivalent upon the settlement date noted in footnote (2) below.
- F2RSUs vest ratably over five years commencing on the first anniversary of the date of grant and, to the extent unvested, fully vest upon termination of service without cause, or death. RSUs 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 the tenth anniversary of the first vesting date, for RSUs granted in 2016-2018) or termination of service. Settlement of RSUs granted prior to 2009 is deferred until termination of service pursuant to the terms of the award agreements in effect prior to 2009.
- F3The RSUs were received by reporting person for no consideration.