John H. Alschuler Jr - Mar 1, 2024 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role
Director
Signature
/s/ John H. Alschuler, Jr., by Andrew S. Levine
Stock symbol
SLG
Transactions as of
Mar 1, 2024
Transactions value $
-$200,000
Form type
4
Date filed
3/14/2024, 05:00 PM
Previous 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 -$200K -4.13K -17.25% $48.48 19.8K Mar 1, 2024 Common Stock 4.13K 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 Represents conversion of Phantom Stock Units, based on the price set forth in Column 8 above, into other securities held in an alternative investment account pursuant to the Issuer's deferred compensation plan.
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.