Candace K. Beinecke - 04 May 2022 Form 4 Insider Report for VORNADO REALTY TRUST (VNO)

Role
Director
Signature
/s/ Ryan Saum, Attorney-in-Fact
Issuer symbol
VNO
Transactions as of
04 May 2022
Net transactions value
$0
Form type
4
Filing time
05 May 2022, 21:10:12 UTC
Previous filing
05 Apr 2022
Next filing
20 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNO Common Shares Options Exercise +5,262 +37% 19,403 04 May 2022 Direct F1, F2

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
transaction VNO Phantom Units Options Exercise -5,262 -25% 16,038 04 May 2022 Common Shares 5,262 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 4, 2022, Ms. Beinecke received 5,262 Common Shares of Vornado Realty Trust in settlement of an equal number of Phantom Units held pursuant to the Vornado Realty Trust Nonqualified Deferred Compensation Plan.
F2 Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company"). The number of Common Shares shown includes 5,684.44 shares acquired through the reporting individual's participation in the Company's Amended and Restated Dividend Reinvestment Plan.
F3 Conversion or exercise price of 1 for 1. The Phantom Units represent compensation deferred by the Reporting Person into interests held through the Vornado Realty Trust Nonqualified Deferred Compensation Plan that are valued with respect to the underlying security, which in this case is common shares of Vornado Realty Trust.
F4 The Phantom Units were settled by a distribution to the Reporting Person of the underlying security from the Vornado Realty Trust Nonqualified Deferred Compensation Plan.