REALTY INCOME CORP — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REALTY INCOME CORP (O)
CIK: 0000726728
Period of Report: 2021-02-17

Reporting Person: PFEIFFER MICHAEL R (EVP, Chief Admin. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Common Stock	A	4526	$0.0	Acquired	34205	Direct
2021-02-17	Common Stock	A	16317	$0.0	Acquired	50522	Direct
2021-02-17	Common Stock	F	4398	$61.76	Disposed	46124	Direct

Footnotes

F1: Restricted stock units granted through an incentive plan; no consideration was paid. The restricted stock units vest over 4 years. Upon retirement, any unvested restricted stock units fully vest.

F2: Represents shares and units awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant of performance shares on February 16, 2018. Fifty percent were issued as common stock that immediately vested. The remaining fifty percent are units subject to time vesting through January 1, 2022. Upon retirement, any unvested units fully vest.

F3: Represents shares automatically withheld upon the issuance of 8,158 shares of common stock on February 17, 2021, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.