John H. Alschuler Jr - Feb 8, 2023 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role
Director
Signature
/s/ John H. Alschuler, Jr., by Andrew S. Levine, attorney-in-fact
Stock symbol
SLG
Transactions as of
Feb 8, 2023
Transactions value $
-$66,412
Form type
4
Date filed
2/22/2023, 04:01 PM
Previous filing
Jan 26, 2023
Next filing
Jan 9, 2024

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 SLG Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$66.4K -1.64K -6.44% $40.38 23.9K Feb 8, 2023 Common Stock 1.64K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Stock Unit was the economic equivalent of one share of the Issuer's Common Stock.
F2 Represents settlement of Phantom Stock Units in cash, based on the price set forth in Column 8 above. Prior to payment, the reporting person had the right to transfer the value of the reporting person's Phantom Stock Units into an alternative investment account.
F3 The Phantom Stock Units become payable in Common Stock (or in certain cases in cash) upon (unless the reporting person elects otherwise in accordance with the documents governing the applicable program) the earlier of (i) the January 1 coincident with or next following the earlier of (A) the reporting person's ceasing to be a director, and (B) the reporting person's death, and (ii) a change of control of the Issuer (as determined under such governing documents), in each case to the extent vested. In addition, the reporting person (i) has been permitted to elect to receive distributions in the form of installment payments, and (ii) may be permitted to receive distributions for certain unforeseeable emergencies.