Candace K. Beinecke - 23 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
23 May 2022
Net transactions value
+$11,797
Form type
4
Filing time
25 May 2022, 16:48:30 UTC
Previous filing
20 May 2022
Next filing
06 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VNO Common Shares 19,403 23 May 2022 Direct F1

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 Award $11,797 +347 +2.2% $34.00 16,385 23 May 2022 Common Shares 347 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common shares of beneficial interest, $.04 par value 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.
F2 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 the Company.
F3 The Phantom Units become payable in cash or the underlying security, to the Reporting Person commencing upon a distribution at a future date from the Vornado Realty Trust Nonqualified Deferred Compensation Plan.