SEC Form 4 · accession 0000726728-17-000033
REALTY INCOME CORP · O
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sumit Roy
Officer — President & COO
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 7:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 14, 2017 | A | 15,641 | $0.00 | A | 88,650 | D | |
| Common StockF2 | Feb 14, 2017 | A | 16,430 | $0.00 | A | 105,080 | D | |
| Common StockF3 | Feb 14, 2017 | F | 4,614 | $60.78 | D | 100,466 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares granted through an incentive plan; no consideration was paid. Shares vest over 4 years.
- F2Represents shares and units awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant of performance shares on April 10, 2014 and January 15, 2015. Fifty percent were issued as common stock that immediately vested. The remaining fifty percent are units subject to time vesting through January 1, 2018.
- F3Represents shares automatically withheld upon the issuance of 8,214 shares of common stock on February 14, 2017, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.