Company: SLG-PI
Filing Date: 2025-04-17
Form Type: 10-K/A
Source: 0001040971-25-000019
Chunk: 74

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-17
Form: 10-K/A
Chunk 74
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) the current distribution per common unit of limited partnership in SL Green Operating Partnership. The holder has the right to require the Operating Partnership to repurchase the Series W unit for cash, or convert the Series W unit for Class B units, in each case at a price that is determined based on the closing price of the Company's common stock at the time such right is exercised. The unit's liquidation preference is the fair market value of the unit plus accrued distributions at the time of a liquidation event.

Below is a summary of the activity relating to the preferred units in the Operating Partnership for the years ended December 31, 2024 and 2023 (in thousands):

|                                      |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:-------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Balance at beginning of period       |     | $ |           166,501 |     | $ |           177,943 |
| Issuance of preferred units          |     |   |                 — |     |   |                 — |
| Redemption of preferred units        |     |   |            -2,503 |     |   |           -11,700 |
| Dividends paid on preferred units    |     |   |            -4,453 |     |   |            -6,271 |
| Accrued dividends on preferred units |     |   |             4,665 |     |   |             6,529 |
| Balance at end of period             |     | $ |           164,210 |     | $ |           166,501 |

#### 12. Stockholders' Equity of the Company
Common Stock

Our authorized capital stock consists of 260,000,000shares, $ 0.01par value per share, consisting of 160,000,000shares of common stock, $ 0.01par value per share, 75,000,000shares of excess stock, at $ 0.01par value per share, and 25,000,000shares of preferred stock, par value $ 0.01per share. As of December 31, 2024, 71,096,743shares of common stock and noshares of excess stock were issued and outstanding.

In November 2024, the Company completed an offering of 5,063,291shares of its