SEC Form 4 · accession 0001179110-17-005564
VORNADO REALTY TRUST · VNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Fascitelli
Director
Period of report
Apr 3, 2017
Accepted (ET)
Apr 4, 2017 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899689
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted UnitsF1,F2 | — | Apr 3, 2017 | M | 25,217 | D | — | — | Common Shares | 25,217 | 0 | D |
| Class A UnitsF4,F3 | — | Apr 3, 2017 | M | 25,217 | A | — | — | Common Shares | 25,217 | 169,131 | D |
Explanation of responses
- F1On March 15, 2013, the reporting person received a grant of Restricted Units of the Operating Partnership. These Restricted Units are being converted into Class A Units on a one for one basis pursuant to their terms.
- F2These Restricted Units vested in equal portions over a four year period. The initial vesting occurred on February 27, 2014.
- F3Class A Units are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, CommonShares of the issuer on a one for one basis or the cash value of such shares.
- F4These Class A Units are immediately redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's selection, Common Shares of the Issuer on a one for one basis or the cash value of such shares. Class A Units do not have expiration dates.