Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 98

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 98
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 The provisions of the 2005 Stock Option and Incentive Plan are identical to the plan approved by stockholders in 2022 
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| ​ | ​ | The Board unanimously recommends a vote“FOR”the approval of our Sixth Amended and Restated 2005 Stock Option and Incentive Plan. | ​ | ​ |     | ​ | ​ |

TABLE OF CONTENTS

| ​ | 88 | ​ | ​ | SL GREEN REALTY CORP. 2025 PROXY STATEMENT | ​ |

SHARES AVAILABLE FOR ISSUANCE The Sixth Amended 2005 Plan increases the reserved number of units used for purposes of the Fifth Amended 2005 Plan to determine the number of shares that may be subject to awards thereunder (the “Fungible Units”) by 7,680,000 Fungible Units. As of March 31, 2025, there were 1,454,240 Fungible Units available under our Fifth Amended 2005 Plan. The Fungible Units represent the baseline for the number of shares of common stock available for issuance under our Fifth Amended 2005 Plan from which, as described in more detail below, different types of awards are counted differently against the Fungible Unit limit. By increasing the reserved Fungible Units, we will be able to continue to use equity awards to attract, retain and motivate employees. Equity awards, or in some cases cash awards, under the Sixth Amended 2005 Plan will be granted in exchange for services provided by key employees, directors, officers, advisors, consultants or other personnel or other persons. Therefore, we believe that having an equity plan in place with a sufficient number of shares is critical to our ability to attract, retain and motivate employees in a highly competitive marketplace and ensure that our executive compensation is structured in a manner that aligns the executives’ interests with our success. If our stockholders approve this increase in the Fungible Units for grants under the Sixth Amended 2005 Plan, we anticipate we will have sufficient shares to provide equity awards to attract, retain and motivate employees for approximately the next three years. As of the record date for the annual meeting, March 31, 2025, there were an aggregate of 75,680,656 shares of common stock, common operating partnership units outstanding and LTIP units (excluding unearned performance-based LTIP units). As of