0001587455-23-000002.txt : 20230213
0001587455-23-000002.hdr.sgml : 20230213
20230213173917
ACCESSION NUMBER: 0001587455-23-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230210
FILED AS OF DATE: 20230213
DATE AS OF CHANGE: 20230213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Durels Thomas P.
CENTRAL INDEX KEY: 0001587455
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36105
FILM NUMBER: 23620331
MAIL ADDRESS:
STREET 1: C/O EMPIRE STATE REALTY TRUST, INC.
STREET 2: 111 WEST 33RD STREET, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10120
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Empire State Realty Trust, Inc.
CENTRAL INDEX KEY: 0001541401
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 371645259
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 111 WEST 33RD STREET, 12TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10120
BUSINESS PHONE: 212-850-2600
MAIL ADDRESS:
STREET 1: 111 WEST 33RD STREET, 12TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10120
4
1
wf-form4_167632791080818.xml
FORM 4
X0306
4
2023-02-10
0
0001541401
Empire State Realty Trust, Inc.
ESRT
0001587455
Durels Thomas P.
C/O EMPIRE STATE REALTY TRUST, INC.
111 WEST 33RD STREET, 12TH FLOOR
NEW YORK
NY
10120
0
1
0
0
EVP, Real Estate
LTIP Units
2023-02-10
4
A
0
139399
0
A
Class A Common Stock
139399.0
1550328
D
These represent long term incentive plan units ("LTIP Units"), a class of units of Empire State Realty OP, L.P. (the "Operating Partnership"). Conditioned upon sufficient allocations to the capital accounts of the LTIP Units for federal income tax purposes, LTIP Units are convertible by the Reporting Person, upon vesting, into an equivalent number of units of limited partnership interests ("Operating Partnership Units") of the Operating Partnership, which are redeemable by the holder for shares of Class A Common Stock of Empire State Realty Trust, Inc. (the "Issuer") on a one-for-one basis or the cash value of such shares, at the Issuer's option. The rights to convert LTIP Units into Operating Partnership Units and redeem Operating Partnership Units do not have expiration dates. These LTIP Units were granted under the Empire State Realty Trust, Inc. Empire State Realty OP, L.P. 2019 Equity Incentive Plan.
These LTIP Units were earned on the achievement of certain performance criteria based on the Issuer's total shareholder return measured in industry-relative terms during a three-year performance period which ended on December 31, 2022. 50% of such earned LTIP Units fully vested as of January 1, 2023, and the remaining 50% of such earned LTIP Units will vest on January 1, 2024, subject to continued employment.
/s/ Heather Lawson Houston (f/k/a Heather M. Lawson), Attorney-in-Fact
2023-02-13