Marc Holliday - 18 Feb 2025 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role
PRESIDENT & CEO, Director
Signature
/s/ Marc Holliday
Issuer symbol
SLG
Transactions as of
18 Feb 2025
Net transactions value
$0
Form type
4
Filing time
20 Feb 2025, 20:44:38 UTC
Previous filing
14 Feb 2025
Next filing
30 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLG Common Stock Conversion of derivative security +4,600 +49% 13,920 18 Feb 2025 Direct F1, F2
transaction SLG Common Stock Gift $0 -4,600 -33% $0.000000 9,320 20 Feb 2025 Direct
holding SLG Common Stock 530 18 Feb 2025 As UTMA custodian for son

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 LTIP Units Conversion of derivative security $0 -4,600 -0.32% $0.000000 1,431,282 18 Feb 2025 Common Stock 4,600 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 4,600 of the Reporting Person's LTIP units ("LTIP Units") in SL Green Operating Partnership, L.P. ("SLGOP"), of which the Issuer is the sole general partner, were exchanged for Class A Units of limited partnership interests in SLGOP ("Common Units") and then were immediately converted into an equal number of shares of the Issuer's Common Stock.
F2 Includes 2,248.27 shares of the Issuer's Common Stock purchased through the Issuer's Employee Stock Purchase Plan.
F3 Represents LTIP Units issued pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a Common Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The redemption right generally cannot be exercised until two years from the date of the grant. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.