Mark E. Hagan - 12 Feb 2024 Form 4 Insider Report for REALTY INCOME CORP (O)

Signature
/s/ Bianca Martinez, by Power of Attorney
Issuer symbol
O
Transactions as of
12 Feb 2024
Net transactions value
-$370,323
Form type
4
Filing time
14 Feb 2024, 19:29:53 UTC
Previous filing
03 Jan 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction O Common Stock Award $0 +20,571 +52% $0.000000 60,035 12 Feb 2024 Direct F1
transaction O Common Stock Tax liability $297,849 -5,655 -9.4% $52.67 54,380 12 Feb 2024 Direct F2, F3
transaction O Common Stock Award $0 +5,007 +9.2% $0.000000 59,387 12 Feb 2024 Direct F4
transaction O Common Stock Tax liability $72,474 -1,376 -2.3% $52.67 58,011 12 Feb 2024 Direct F3, F5
transaction O Common Stock Award $0 +9,806 +17% $0.000000 67,817 12 Feb 2024 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 17, 2021. Fifty percent of the performance shares immediately vested. The remaining fifty percent are subject to time vesting through January 1, 2025.
F2 Represents shares automatically withheld upon the issuance of 10,286 shares of common stock on February 12, 2024, 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 Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 12, 2024.
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, 2024.
F5 Represents shares automatically withheld upon the issuance of 2,503 shares of common stock on February 12, 2024, 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.
F6 Shares granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.