David Jamieson - 30 Apr 2025 Form 4 Insider Report for KIMCO REALTY CORP (KIM)

Signature
/s/ Paul Westbrook, Attorney-in-Fact
Issuer symbol
KIM
Transactions as of
30 Apr 2025
Net transactions value
$0
Form type
4
Filing time
01 May 2025, 17:06:14 UTC
Previous filing
18 Feb 2025
Next filing
17 Feb 2026

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding KIM Long-Term Incentive Units 29,880 30 Apr 2025 Common Stock 29,880 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Long-Term Incentive Units are profits interest units in Kimco Realty OP, LLC ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions, however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Commons Units may be converted into an equal number of Common Units for a 1-to-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, or, at the election of distribution of similar events.
F2 The units will vest in five equal annual installments beginning on February 13, 2026. The Vested profits interest units have no expiration date.