Andrew W. Mathias - Jan 5, 2024 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role
Director
Signature
/s/ Andrew W. Mathias
Stock symbol
SLG
Transactions as of
Jan 5, 2024
Transactions value $
-$235,000
Form type
4
Date filed
1/9/2024, 09:04 PM
Previous filing
Nov 6, 2023
Next filing
Jan 31, 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 Award $0 +5.12K $0.00 5.12K Jan 5, 2024 Common Stock 5.12K Direct F1, F2
transaction SLG Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$235K -5.12K -100% $45.92 0 Jan 5, 2024 Common Stock 5.12K 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 is the economic equivalent of one share of the Issuer's Common Stock.
F2 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.
F3 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.