Company: OLP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001140361-25-013961
Chunk: 35

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 35
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. On January 14, 2025, we granted: (a) 22,000 and 17,175 shares of restricted stock to Messrs. Callan and Ricketts, respectively, with a grant date fair value of $561,440 and $438,306, respectively; (b) 7,500 shares of restricted stock to I. Kalish, with a grant date fair value of $191,400; and (c) 12,000 shares to each M. Gould and J. Gould, each with a grant date fair value of $306,240. |

| (3) | Excludes dividends and dividend equivalents paid or payable on stock and similar awards as such amounts are reflected in the grant date fair value of such awards. |

| (4) | All compensation received by Messrs. Callan and Ricketts is paid solely and directly by us. |

| (5) | Other than the Equity Awards granted this person and the fees paid to Matthew J. Gould for serving as Chairman: (a) we did not pay, nor were we allocated, any portion of such person’s base salary, bonus, defined contribution plan payments or perquisites in 2024, 2023 and 2022; and (b) the services of these individuals are provided to us pursuant to the C&SA. |

| (6) | Isaac Kalish has served as chief financial officer since June 13, 2023. |

| (7) | This amount was previously reported in this proxy statement as compensation for the Chairman of the Board of Directors under“Governance of the Company — Compensation of Directors.” |

| (8) | Includes a $51,750 contribution to our defined contribution plan and perquisites aggregating $30,315, of which $24,390 represents an automobile allowance and related insurance, maintenance, and repairs and $5,925 represents the annual premium for additional disability insurance. Approximately $1.6 million has accumulated for this individual pursuant to our defined contribution plan. |

| (9) | Represents the amounts Majestic allocated to such person for services he performed on our behalf and does not represent the amount paid to such person for such services. See “Executive Compensation — Compensation Program” and “Certain Relationships and Related Transactions.” |

| (10) | Includes a contribution of $51,750 to our defined contribution plan and perquisites of $11,802, representing an automobile allowance and related expenses. Approximately $2.0 million has accumulated for