Candace K. Beinecke - Jul 9, 2024 Form 4 Insider Report for VORNADO REALTY TRUST (VNO)

Role
Director
Signature
/s/ Ryan Saum, Attorney-in-Fact
Stock symbol
VNO
Transactions as of
Jul 9, 2024
Transactions value $
$0
Form type
4
Date filed
7/10/2024, 04:30 PM
Previous filing
May 24, 2024
Next filing
Jan 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNO Common Shares Options Exercise +1.96K +5.94% 34.9K Jul 9, 2024 By Revocable Trust F1, F2

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 Options Exercise -1.96K -22.93% 6.59K Jul 9, 2024 Common Shares 1.96K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 9, 2024, Ms. Beinecke received 1,959 Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust (the "Company") in settlement of an equal number of Phantom Units held pursuant to the Vornado Realty Trust Nonqualified Deferred Compensation Plan.
F2 Common Shares of the Company. The number of Common Shares shown includes 10,176.631 shares acquired through the reporting individual's participation in the Company's Amended and Restated Dividend Reinvestment Plan.
F3 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.
F4 The Phantom Units were settled by a distribution to the Reporting Person of the underlying security from the Vornado Realty Trust Nonqualified Deferred Compensation Plan.