Mark E. Hagan - Feb 14, 2022 Form 4 Insider Report for REALTY INCOME CORP (O)

Signature
/s/ Mark E. Hagan
Stock symbol
O
Transactions as of
Feb 14, 2022
Transactions value $
-$207,627
Form type
4
Date filed
2/16/2022, 04:48 PM
Previous filing
Jan 4, 2022
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction O Common Stock Award $0 +11.5K +63.06% $0.00 29.8K Feb 14, 2022 Direct F1
transaction O Common Stock Tax liability -$208K -3.1K -10.42% $66.89 26.7K Feb 14, 2022 Direct F2
transaction O Common Stock Award $0 +5.16K +19.33% $0.00 31.8K Feb 14, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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 February 13, 2019. Fifty percent were issued as common stock that immediately vested. The remaining fifty percent are units subject to time vesting through January 1, 2023.
F2 Represents shares automatically withheld upon the issuance of 5,759 shares of common stock on February 14, 2022, 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.
F3 Shares granted through an incentive plan; no consideration was paid. Shares vest evenly over 4 years.