Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 105

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 105
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 exercisable after the period or periods specified in the award agreement, which will not exceed ten years from the date of grant. Options will be exercisable at such times and subject to such terms as determined by our Compensation Committee; provided that, unless otherwise specified in an award agreement, options, whether or not otherwise exercisable, may be exercised if the grantee’s service relationship is terminated on account of death or disability. Upon exercise of options, the option exercise price must be paid in full either (i) by certified or bank check, or wire, (ii) by the proceeds of a company loan program or third-party sale program or a notice given as consideration under such program, in each case subject to the Compensation Committee’s discretion, or (iii) shares or previously owned common stock, which has been owned for more than six months, having an aggregate fair market value on the date of exercise equal to the aggregate option price, or (iv) a combination of (i)-(iii) or (iv) any other method acceptable to the Compensation Committee. Except in the case that an option is exercised by certified or bank check, the Compensation Committee may impose limitations an prohibitions on the exercise of options as it deems appropriate, and the Compensation Committee may provide that no option may be exercised with respect to a fractional share. Stock Appreciation Rights. Stock appreciation rights, which are options that permit the recipient to exercise the option without the payment of the exercise price and to receive shares of common stock with a fair market value equal to the excess of the fair market value of the shares with respect to which the option is being exercised over the exercise price of the option with respect to those shares. Any stock appreciation rights granted are subject to the same limitations as other options, including a maximum term of 10 years and an exercise price no lower than 100% of the fair market value of our common stock on the date of grant. Restricted Stock. A restricted stock award is an award of shares of common stock that is subject to restrictions on transferability and such other restrictions, if any, as the Board or Compensation Committee may impose at the date of grant. Grants of restricted stock may be subject to vesting schedules as determined by our Compensation Committee. The restrictions may lapse separately or in combination at such times, under such circumstances, including, without limitation, (i) a specified period of employment or the satisfaction of one or a combination of the performance goals set forth in Section 11 of the Sixth Amended 2005 Plan (which is attached hereto