GTY · Getty Realty Corp · Insider Trading

Gifts to adult children. The original Form 4 filed on 5/15/26 is being amended to correct an error in the number of shares gifted by the reporting person. The original filing inadvertently reported a disposition of 3,119 shares, whereas the correct amount was 3,219 shares.

The total beneficial ownership has been updated to 148,882 shares (i) to correct the 300 share clerical adjustment reported in Footnote (2) of the original Form 4, which is now being reversed, and (ii) to reflect the adjustment for the additional 100 shares gifted (as described in Footnote 1).

Issued pursuant to Issuer's anniversary share grant program.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in Footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within Thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee within thirty (30) days following the applicable vesting date.

The RSUs were received by reporting person for no consideration.

Issued pursuant to Issuer's annual holiday employee grant program.

Issued pursuant to Issuer's annual holiday employee grant program.

Issued pursuant to Issuer's annual holiday employee grant program.

Issued pursuant to Issuer's annual holiday employee grant program.

Issued pursuant to Issuer's annual holiday employee grant program.

Includes increase of 108 shares issued to reporting person since date of last report as a result enrollment in Issuer's dividend reinvestment program.

This entry is being reported to reflect the acquisition of 30 shares under the Company's Anniversary Award Program on 11/14/25. While these 30 shares were correctly included in the "Amount of Securities Beneficially Owned Following Reported Transaction" column in the reporting person's Form 4 filed on 12/19/25, the specific transaction details were inadvertently omitted from Table I of that filing.

Transfer of shares by SFC to multiple family irrevocable trusts in connection with the administration of the estate of Marilyn Safenowitz, with reporting person serving as estate fiduciary.

Reporting person is the president of SFC.

Shares received by the HS Irrevocable Trust, as proportionate distribution by SFC in connection with the estate administration process described in footnotes 12, 17 and 20. The reporting person is the sole beneficiary and trustee of the HS Irrevocable Trust.

Transfer of shares by MSIT to multiple family irrevocable trusts, in connection with the administration of the estate of Marilyn Safenowitz, with reporting person serving as estate fiduciary.

Reporting person is the Trustee of MSIT.

Shares received by The Howard Safenowitz 2024 Irrevocable Trust U/A/D 10/14/2024 (the "HS Irrevocable Trust"), in connection with the estate administration process described in footnote 18. The reporting person is the sole beneficiary and trustee of the HS Irrevocable Trust.

Shares received by reporting person's spouse as proportionate distribution from SIP in connection with the estate administration process described in footnote 12.

Owned by Spouse. The reporting person disclaims beneficial ownership in these shares.

Shares received by reporting person's spouse as proportionate distribution from SFP in connection with the estate administration process described in footnote 2.

Owned by Spouse. The reporting person disclaims beneficial ownership in these shares.

Transfer of shares by Safenowitz Investment Partners ("SIP") in connection with the administration of the estate of Marilyn Safenowitz, with reporting person serving as estate fiduciary.

The reporting person is the president of SFC, which is the General Partner of SIP. The reporting person disclaims beneficial ownership of the shares held by SIP, except to the extent of his pecuniary interest therein.

Gifts to adult children.

Shares received by reporting person as proportionate distribution from SIP in connection with the estate administration process described in footnote 12.

Transfer of shares by The Safenowitz Family Partnership ("SFP") in connection with the administration of the estate of Marilyn Safenowitz, with reporting person serving as estate fiduciary.

The reporting person is the President of Safenowitz Family Corp. ("SFC"), which is the general partner of SFP. The reporting person disclaims beneficial ownership of the shares held by SFP, except to the extent of his pecuniary interest therein.

Shares received by The Marilyn Safenowitz Irrevocable Trust U/A/D 4/13/2000 ("MSIT") as proportionate distribution from SIP in connection with the estate administration process described in footnote 12.

Reporting person is the Trustee of MSIT.

Shares received by SFC as proportionate distribution from SIP in connection with the estate administration process described in footnote 12.

Reporting person is the president of SFC.

Shares received by The Howard Safenowitz Exempt Trust, in connection with the estate administration process described in footnote 2. The reporting person is the sole beneficiary and trustee of the trust.

Shares received by The Marilyn Safenowitz Irrevocable Trust U/A/D 4/13/2000 ("MSIT") as proportionate distribution from SFP in connection with the estate administration process described in footnote 2.

Reporting person is the Trustee of MSIT.

Shares received by SFC as proportionate distribution from SFP in connection with the estate administration process described in footnote 2.

Reporting person is the president of SFC.

Shares received by reporting person as proportionate distribution from SFP in connection with the estate administration process described in footnote 2.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

The transaction represents settlement of fully-vested RSUs in shares of common stock pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in Footnote (2) below.

The transaction represents settlement of fully-vested RSUs for cash pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The transaction represents settlement of fully-vested RSUs for cash pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

The "Number of derivative Securities Beneficially Owned Following Reported Transaction(s)" has been updated to include the settlement of 5,000 fully vested RSUs for cash on May 13, 2024 pursuant to the terms of a May 2014 Restricted Stock Unit Agreement, which settlement was not previously reported.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

The transaction represents settlement of fully-vested RSUs for cash pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

The transaction represents settlement of fully-vested RSUs for cash pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by reporting person for no consideration.

The transaction represents settlement of fully-vested RSUs in shares of common stock pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in Footnote (2) below.

RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.

The RSUs were received by the Reporting Person for no consideration.

Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.

The transaction represents settlement of fully-vested RSUs for cash pursuant to the terms of a 2015 Restricted Stock Unit Agreement.

RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date (or the tenth anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service.