Christina Van Tassell - Jul 12, 2023 Form 4 Insider Report for Empire State Realty Trust, Inc. (ESRT)

Role: Director
Signature: /s/ Heather L. Houston, Attorney-in-Fact
Stock symbol: ESRT
Transactions as of: Jul 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/14/2023, 04:40 PM
Previous filing: Jun 27, 2023
Next filing: Nov 6, 2023

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	ESRT	LTIP Units	Award	$0	+13.5K		$0.00	13.5K	Jul 12, 2023	Class A Common Stock	13.5K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents long-term incentive partnership units ("LTIP Units"), a class of units of Empire State Realty OP, L.P. (the "Operating Partnership"), of which Empire State Realty Trust, Inc. (the "Company") is the sole general partner. The LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of units of limited partnership interest ("OP Units") in the Operating Partnership, which are redeemable by the holder for shares of Class A Common Stock of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The right to convert LTIP Units into OP Units and redeem OP Units does not have an expiration date. The LTIP Units, which vest ratably on each of the first four anniversaries of May 12, 2023, were granted under the Empire State Realty Trust, Inc. Empire State Realty OP, L.P. 2019 Equity Incentive Plan.

Content

Represents long-term incentive partnership units ("LTIP Units"), a class of units of Empire State Realty OP, L.P. (the "Operating Partnership"), of which Empire State Realty Trust, Inc. (the "Company") is the sole general partner. The LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of units of limited partnership interest ("OP Units") in the Operating Partnership, which are redeemable by the holder for shares of Class A Common Stock of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The right to convert LTIP Units into OP Units and redeem OP Units does not have an expiration date. The LTIP Units, which vest ratably on each of the first four anniversaries of May 12, 2023, were granted under the Empire State Realty Trust, Inc. Empire State Realty OP, L.P. 2019 Equity Incentive Plan.