Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 69

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 69
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 not reflect compensation actually received by the named executive officer. Instead, the amounts shown are the full grant date fair value of stock awards issued to the executives in 2024, 2023 and 2022, respectively. In accordance with SEC disclosure requirements, the amounts for 2024 include the full grant date fair value of our 2024 annual performance-based equity awards, which were as follows: Mr. Holliday—$8,363,869; Mr. DiLiberto—$637,800; and Mr. Levine—$637,800, respectively. The grant date fair value of such awards is computed in accordance with ASC 718, “Compensation-Stock Compensation,” or “ASC 718,” by the use of Monte Carlo simulation models that consider the probable outcomes of the market-based performance conditions governing such awards. The Monte Carlo simulation model for the awards granted during 2024 used an assumed stock price volatility level of 46.0% on our common stock and a risk-free interest rate of 4.13%. Assuming that maximum performance is achieved under our 2024 annual performance-based equity awards, the value at the grant date of the awards would each have been as follows: Mr. Holliday—$17,451,649; Mr. DiLiberto—$1,292,768; and Mr. Levine—$1,292,768, respectively. See “—Compensation Discussion and Analysis—Our 2024 Executive Compensation Program” for a description of the terms of these performance-based awards. (2) Amounts shown do not reflect compensation actually received by the named executive officer. Instead, the amounts shown are the full grant date value of Class O LTIP units as computed in accordance with ASC 718 by the use of the Black-Scholes option pricing model. The Black-Scholes option pricing model for the Class O LTIP units granted during 2024 used a dividend yield of 5.5%, an expected life of 7.5 years, a risk-free interest rate of 4.45% and an expected stock price volatility of 45.0%. (3) The table and footnotes below show the components of this column for 2024, which include certain perquisites such as Company 401(k) matching contributions.

| Name                 | ​ | ​ |   |   |           | All OtherCompensation ($) | ​ |
|:---------------------|:--|:--|:--|:--|:----------|:--------------------------|