Sec Form 4 Filing - Lukes David R @ KIMCO REALTY CORP - 2010-03-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lukes David R
2. Issuer Name and Ticker or Trading Symbol
KIMCO REALTY CORP [ KIM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
C/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/18/2010
(Street)
NEW HYDE PARK, NY11042
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase common stock par value $0.01 per share $ 15.64 03/18/2010 A 7,500 03/18/2011 03/18/2020 Kimco Realty Corp. Common Stock par value $0.01 per share 7,500 $ 15.64 155,250 D
Option to purchase common stock par value $0.01 per share $ 15.64 03/18/2010 A 7,500 03/18/2012 03/18/2020 Kimco Realty Corp. Common Stock par value $0.01 per share 7,500 $ 15.64 155,250 D
Option to purchase common stock par value $0.01 per share $ 15.64 03/18/2010 A 7,500 03/18/2013 03/18/2020 Kimco Realty Corp. Common Stock par value $0.01 per share 7,500 $ 15.64 155,250 D
Option to purchase common stock par value $0.01 per share $ 15.64 03/18/2010 A 7,500 03/18/2014 03/18/2020 Kimco Realty Corp. Common Stock par value $0.01 per share 7,500 $ 15.64 155,250 D
Performance Shares $ 0 ( 1 ) 03/18/2010 A 30,000 12/31/2010( 2 ) 12/31/2010 Kimco Realty Corp. Common Stock par value $0.01 per share 30,000 $ 0 30,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lukes David R
C/O KIMCO REALTY CORP.
3333 NEW HYDE PARK ROAD
NEW HYDE PARK, NY11042
Executive Vice President
Signatures
/s/ David R. Lukes 03/22/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each performance share award will provide for the grant of shares of restricted stock in the year following the performance year based on the Company's total stockholder return in the performance year relative to the Company's peer group and National Association of Real Estate Investment Trusts retail peers.
( 2 )The Company's Executive Compensation Committee will determine the amount of the performance shares vested after the performance year ends on 12/31/2010.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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