Neil Abraham - Dec 31, 2023 Form 4 Insider Report for REALTY INCOME CORP (O)

Signature
/s/ Bianca Martinez, by Power of Attorney
Stock symbol
O
Transactions as of
Dec 31, 2023
Transactions value $
-$510,981
Form type
4
Date filed
1/3/2024, 06:06 PM
Previous filing
Mar 1, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction O Common Stock Tax liability -$72.8K -1.27K -3.05% $57.42 40.4K Dec 31, 2023 Direct F1, F2
transaction O Common Stock Tax liability -$266K -4.63K -11.47% $57.42 35.7K Jan 1, 2024 Direct F2, F3
transaction O Common Stock Tax liability -$172K -3K -8.4% $57.42 32.7K Jan 1, 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents shares automatically withheld upon the vesting of 2,372 performance shares on December 31, 2023 and 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. These performance shares were previously reported as a result of the Company having met certain performance criteria pursuant to the reporting person's grant on November 15, 2021.
F2 Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on December 29, 2023.
F3 This amount represents shares automatically withheld upon the vesting of 8,419 performance shares on January 1, 2024 and 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. These performance shares were previously reported as a result of the Company having met certain performance criteria pursuant to the reporting person's grant on February 13, 2020.
F4 This amount represents shares automatically withheld upon the vesting of 5,192 restricted shares of common stock on January 1, 2024 and 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.

Remarks:

Executive Vice President, Chief Strategy Officer, Realty Income International - President