SEC Form 4 · accession 0001179110-19-000712
VORNADO REALTY TRUST · VNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Fascitelli
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 14, 2019 · 5:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899689
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Jan 10, 2019 | M | 413,701 | $24.5212 | A | 701,536 | D | |
| Common SharesF1 | Jan 10, 2019 | F | 287,627 | $65.03 | D | 413,909 | D | |
| Common SharesF3,F1 | Jan 14, 2019 | S | 126,074 | $64.2302 | D | 287,835 | D | |
| Common SharesF1,F4 | holding | — | — | — | 1,400,756 | I | Held by Trust | |
| Common SharesF1,F4 | holding | — | — | — | 67,537 | I | Held by an LP | |
| Common SharesF1,F4 | holding | — | — | — | 105,191 | I | Held by an LLC | |
| Common SharesF1,F4 | holding | — | — | — | 3,150 | I | Held by children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy) | $24.5212 | Jan 10, 2019 | M | 413,701 | D | Feb 27, 2010 | Feb 27, 2019 | Common Shares | 413,701 | 0 | D |
Explanation of responses
- F1Common Shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company").
- F2The decrease of 1,400,756 Common Shares directly held since the Reporting Peron's immediately preceeding Form 4 filing is attributable to distributions in accordance with the requirements of the applicable grantor retained annuity trust.
- F3Represents weighted average sale price. These Common Shares were sold through the execution of a single market order at prices ranging between $63.92 and $64.85. Full information regarding the number of shares sold at each separate price will be provided upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer.
- F4The Reporting Person disclaims beneficial ownership of these securities, and this reports shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purpose, except to the extent of the Reporting Person's pecuniary interest.