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KIMCO REALTY CORP Director's Dealing 2011

Feb 18, 2011

30417_dirs_2011-02-18_4b9c1faf-abaa-4a31-bc92-f4b43f582567.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIMCO REALTY CORP (KIM)
CIK: 0000879101
Period of Report: 2011-02-17

Reporting Person: COOPER MILTON (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-17 Kimco Realty Corp. Common Stock par value $0.01 per share A 51480 Acquired 10447663 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-17 Option to purchase common stock par value $0.01 per share $18.85 A 10825 Acquired 2021-02-17 Kimco Realty Corp. Common Stock par value $0.01 per share (10825) Direct
2011-02-17 Option to purchase common stock par value $0.01 per share $18.85 A 10825 Acquired 2021-02-17 Kimco Realty Corp. Common Stock par value $0.01 per share (10825) Direct
2011-02-17 Option to purchase common stock par value $0.01 per share $18.85 A 10825 Acquired 2021-02-17 Kimco Realty Corp. Common Stock par value $0.01 per share (10825) Direct
2011-02-17 Option to purchase common stock par value $0.01 per share $18.85 A 10825 Acquired 2021-02-17 Kimco Realty Corp. Common Stock par value $0.01 per share (10825) Direct
2011-02-17 Performance Shares $0 A 43300 Acquired 2011-12-31 Kimco Realty Corp. Common Stock par value $0.01 per share (43300) Direct

Footnotes

F1: On March 18, 2010 the reporting person was granted a total of 42,900 performance shares, providing for the grant of shares of restricted stock in 2011 based on the Company's total stockholder return in 2010 relative to the Company's peer gruop and National Association of Real Estate Investment Trusts Retail peers. Based on these perfromance criteria for 2010 the reporting person was granted 51,480 shares of restricted stock.

F2: These restricted shares vest 1/3 per year on 2/17/12, 2/17/13 and 2/17/14.

F3: Each performance share award provides for the grant of shares of restricted stock in the year followng 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.

F4: The Company's Executive Compensation Committee will determine the amount of the performance shares vested after the performance year ends on 12/31/2011.