Candace K. Beinecke - Feb 15, 2023 Form 4 Insider Report for VORNADO REALTY TRUST (VNO)

Role
Director
Signature
/s/ Ryan Saum, Attorney-in-Fact
Stock symbol
VNO
Transactions as of
Feb 15, 2023
Transactions value $
$7,181
Form type
4
Date filed
2/16/2023, 04:10 PM
Previous filing
Jan 4, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VNO Common Shares 23.1K Feb 15, 2023 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 $7.18K +310 +1.81% $23.17 17.5K Feb 15, 2023 Common Shares 310 Direct F2, F3, F4
* 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, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company"). The number of Common Shares shown includes 9,385.952 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 Vornado Realty Trust.
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.
F4 Represents weighted average purchase price. These Common Shares were purchased through the execution of a single market order at prices ranging between $23.165 and $23.1685. Full information regarding the number of shares purchased at each separate price will be provided upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.