Sec Form 3 Filing - Maddock Deirdre K. @ VORNADO REALTY TRUST - 2021-11-02

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Maddock Deirdre K.
2. Issuer Name and Ticker or Trading Symbol
VORNADO REALTY TRUST [ VNO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP - Chief Accounting Officer
(Last) (First) (Middle)
C/O VORNADO REALTY TRUST, 888 SEVENTH AVE
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2021
(Street)
NEW YORK, NY10019
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
Common Shares 340( 1 ) D
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
Options (Right to Buy) $ 82.4398 01/10/2018 01/13/2027 Common Shares 244 D
Options (Right to Buy) $ 70.3102 01/10/2019 01/12/2028 Common Shares 335 D
Options (Right to Buy) $ 62.6188 01/10/2020 01/14/2029 Common Shares 387( 2 ) D
Options (Right to Buy) $ 66.86 01/10/2021 01/13/2030 Common Shares 1,562( 3 ) D
Options (Right to Buy) $ 36.72 01/10/2021 03/30/2030 Common Shares 1,462( 4 ) D
Restricted Units( 5 ) ( 5 ) ( 6 ) ( 6 ) Common Shares 1,521 D
Restricted Stock Units ( 8 ) ( 7 ) ( 7 ) Common Shares 21 D
Restricted Stock Units ( 8 ) ( 9 ) ( 9 ) Common Shares 49 D
Restricted Stock Units ( 8 ) ( 10 ) ( 10 ) Common Shares 280 D
Restricted Stock Units ( 8 ) ( 11 ) ( 11 ) Common Shares 230 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Maddock Deirdre K.
C/O VORNADO REALTY TRUST
888 SEVENTH AVE
NEW YORK, NY10019
SVP - Chief Accounting Officer
Signatures
/s/ Ryan G. Saum, Attorney in Fact 11/12/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company").
( 2 )193 of these options are vested. The remaining options vest in two equal installments on each of January 10, 2022 and January 10, 2023.
( 3 )391 of these options are vested. The remaining options vest ratably on each of January 10, 2022, January 10, 2023 and January 10, 2024.
( 4 )366 of these options are vested. The remaining options vest ratably on each of January 10, 2022, January 10, 2023 and January 10, 2024.
( 5 )On January 12, 2021 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 Company. The Restricted Units are a class of units of the Operating Partnership that following the occurrence of certain events and upon vesting are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership ("Class A Units"). Class A Units of the Operating Partnership are redeemable by the holder for cash or, at the Company's election, common shares of the Company on a one-for-one basis or the cash value of such shares.
( 6 )The Restricted Units vest in equal portions over a four-year period with the initial vesting occurring on January 10, 2022.
( 7 )These Restricted Stock Units were granted on January 12, 2018 and vest on January 10, 2022. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive an amount in cash equal to in value to the dividends that the reporting person would have received has the reporting person been the actual owner of the number of Common Shares.
( 8 )Each restricted stock unit represents a contingent right to receive one Common Share.
( 9 )These Restricted Stock Units were granted on January 14, 2019 and vest ratably on January 10, 2022 and January 10, 2023. Prio r to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.
( 10 )These Restricted Stock Units were granted on January 13, 2020 and vest ratably on January 10, 2022, January 10, 2023 and January 10, 2024. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.
( 11 )These Restricted Stock Units were granted on March 30, 2020 and vest ratably on January 10, 2022, January 10, 2023 and January 10, 2024. Prior to the vesting of the award, if the Company pays a dividend on its Common Shares, the reporting person will receive a cash amount equal to the value of the dividends that the reporting person would have received had the reporting person been the actual owner of the number of Common Shares.

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