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VORNADO REALTY TRUST Director's Dealing 2010

Jun 16, 2010

30744_dirs_2010-06-16_495dfae9-a214-4a6b-bf50-30d389dc786b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VORNADO REALTY TRUST (VNO)
CIK: 0000899689
Period of Report: 2010-06-14

Reporting Person: MACNOW JOSEPH (CFO/EVP - Fin. & Admin.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-14 Common Shares J 40399 Acquired 120578 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-06-14 Class A Units $ J 40399 Disposed Common Shares (40399) Direct

Footnotes

F1: Common shares of beneficial interest, par value $.04 per share (the "Common Shares") were issued upon the redemption and tender of Class A units ("Class A Units") of Vornado Realty L.P. on a one for one basis.

F2: Class A Units may be redeemed at the election of the holder, in whole or in part for cash equal to the fair market value, at the time of redemption, of one Common Share for each Class A Unit redeemed or, at the option of Vornado Realty Trust, one such Common Share for each Class A Unit tendered for redemption.

F3: These Class A Units are immediately redeemable (subject to certain limitations set forth in the Vornado Realty L.P.'s limited partnership agreement). Class A Units have no expiration date.