Sumit Roy - 13 Feb 2023 Form 4 Insider Report for REALTY INCOME CORP (O)

Reporting relationship: President, CEO & Director, Director
Issuer ticker: O
Reported as of: 13 Feb 2023
Net transaction value: -$1,615,562
SEC form: 4
Accepted by SEC: 15 Feb 2023, 16:23:17 UTC
Prior SEC filing: 23 Jan 2023
Next SEC filing: 04 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Bianca Martinez, by Power of Attorney

Key filing fact

Sumit Roy filed Form 4 for REALTY INCOME CORP (O) on 15 Feb 2023.

Key facts

This page summarizes Sumit Roy's Form 4 filing for REALTY INCOME CORP (O).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 15 Feb 2023, 16:23.

Change

Previous filing in this sequence was filed on 23 Jan 2023.
Current net transaction value: -$1,615,562.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

O transaction

Common Stock

Award

Transaction value: $0
Shares: +73,343
Change %: +45%
Price: $0.000000
Shares after: 235,142
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F1

O transaction

Common Stock

Tax liability

Transaction value: $1,329,033
Shares: -19,792
Change %: -8.4%
Price: $67.15
Shares after: 215,350
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F2, F3

O transaction

Common Stock

Award

Transaction value: $0
Shares: +15,814
Change %: +7.3%
Price: $0.000000
Shares after: 231,164
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F4

O transaction

Common Stock

Tax liability

Transaction value: $286,529
Shares: -4,267
Change %: -1.8%
Price: $67.15
Shares after: 226,897
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F3, F5

O transaction

Common Stock

Award

Transaction value: $0
Shares: +26,441
Change %: +12%
Price: $0.000000
Shares after: 253,338
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents performance shares awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant on February 13, 2020. Fifty percent of the performance shares immediately vested. The remaining fifty percent are subject to time vesting through January 1, 2024.

Footnote F2

Represents shares automatically withheld upon the issuance of 36,672 shares of common stock on February 13, 2023, 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.

Footnote F3

Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 13, 2023.

Footnote F4

Represents performance shares awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant on November 15, 2021. Fifty percent of the performance shares immediately vested. The remaining fifty percent are subject to time vesting through December 31, 2023.

Footnote F5

Represents shares automatically withheld upon the issuance of 7,907 shares of common stock on February 13, 2023, 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.

Footnote F6

Shares granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.