Stephen L. Green - Jan 27, 2022 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role
Director
Signature
/s/ Stephen L. Green, by Andrew S. Levine, attorney-in-fact
Stock symbol
SLG
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 04:37 PM
Next filing
Jan 26, 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 SLG Phantom Stock Units Award $0 +3.04K +30.9% $0.00 12.9K Jan 27, 2022 Common Stock 3.04K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.
F2 The Phantom Stock Units become payable in Common Stock (or in certain cases in cash) upon (unless the reporting person elects otherwise in accordance with the documents governing the applicable program) the earlier of (i) the January 1 coincident with or next following the earlier of (A) the reporting person's ceasing to be a director, and (B) the reporting person's death, and (ii) a change of control of the Issuer (as determined under such governing documents), in each case to the extent vested. In addition, the reporting person (i) has been permitted to elect to receive distributions in the form of installment payments, and (ii) may be permitted to receive distributions for certain unforeseeable emergencies.
F3 The number of securities beneficially owned has been adjusted to reflect the reverse stock split effected by the Issuer on January 20, 2021.