0001179110-18-005404.txt : 20180404
0001179110-18-005404.hdr.sgml : 20180404
20180404165203
ACCESSION NUMBER: 0001179110-18-005404
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180402
FILED AS OF DATE: 20180404
DATE AS OF CHANGE: 20180404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Iocco Matthew
CENTRAL INDEX KEY: 0001628829
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11954
FILM NUMBER: 18737881
MAIL ADDRESS:
STREET 1: 888 7TH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VORNADO REALTY TRUST
CENTRAL INDEX KEY: 0000899689
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 221657560
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 888 SEVENTH AVE
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-894-7000
MAIL ADDRESS:
STREET 1: 888 SEVENTH AVE
CITY: NEW YORK
STATE: NY
ZIP: 10019
4
1
edgar.xml
FORM 4 -
X0306
4
2018-04-02
0
0000899689
VORNADO REALTY TRUST
VNO
0001628829
Iocco Matthew
C/O VORNADO REALTY TRUST
888 7TH AVENUE
NEW YORK
NY
10019
0
1
0
0
EVP - Principal Accounting Off
Restricted Units
2018-04-02
4
M
0
589
D
Common Shares
589
0
D
Restricted Units
2018-04-02
4
M
0
1124
D
Common Shares
1124
1242
D
LTIP Units
2018-04-02
4
M
0
639
D
Common Shares
639
0
D
LTIP Units
2018-04-02
4
M
0
742
D
Common Shares
742
742
D
Class A Units
2018-04-02
4
M
0
3094
A
Common Shares
3094
16655
D
On January 10, 2014, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of the Issuer. These Restricted Units are being converted into Class A Units of the Operating Partnership ("Class A Units") on a one for one basis pursuant to their terms. Class A Units are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, Common Shares of the Issuer on a one for one basis or the cash value of such shares.
These Restricted Units vested in equal portions over a four-year period. The initial vesting occurred on January 10, 2015.
On January 14, 2016, the reporting person received a grant of Restricted Units of the Operating Partnership. These Restricted Units are being converted into Class A Units on a one for one basis pursuant to their terms.
These Restricted Units vested in equal portions over a three-year period. The initial vesting occurred on January 10, 2017.
The LTIP Units are a class of units of the Operating Partnership conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes. The LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of Class A Units of the Operating Partnership, which are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement), by the holder for Common Shares of 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 Class A Units and redeem Class A Units do not have expiration dates.
Earned LTIP Units vested one-third on each of March 15, 2016, 2017 and 2018.
Earned LTIP Units vested one-third on each of January 10, 2017, 2018 and 2019.
Class A Units are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, Common Shares of the issuer on a one for one basis or the cash value of such shares.
These Class A Units are immediately redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, Common Shares of the Issuer on a one for one basis or the cash value of such shares. Class A Units do not have expiration dates.
/s/ Sean K. Sherman, Attorney in Fact
2018-04-04