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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
899689	Vornado Realty Trust	VNO	Real Estate Investment Trusts (6798)	221657560

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1246482	Joseph Macnow	210 Route 4 East Paramus NJ 07652	Evp - Finance, Chief Admin. Of	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares	Acquisiton	2014-05-13	7,205	$69.38	37,995	No	4	M	Direct
Common Shares	Acquisiton	2014-05-13	2,999	$33.37	40,994	No	4	M	Direct
Common Shares	Acquisiton	2014-05-13	4,185	$71.64	45,179	No	4	M	Direct
Common Shares	Disposition	2014-05-13	8,551	$105.23	36,628	No	4	F	Direct
Common Shares	Disposition	2014-05-14	3,241	$105.66	33,387	No	4	S	Direct
Common Shares	Disposition	2014-05-14	69,080	$105.76	0	No	4	S	Indirect	held by spouse
Common Shares	Disposition	2014-05-15	220	$0.00	33,167	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Indirect	held by spouse
No	5	G	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Options (Right to Buy)	Disposition	2014-05-13	7,205	$0.00	7,205	$69.38
Common Shares	Options (Right to Buy)	Disposition	2014-05-13	2,999	$0.00	2,999	$33.37
Common Shares	Options (Right to Buy)	Disposition	2014-05-13	4,185	$0.00	4,185	$71.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,747	2006-02-08	2015-02-08	No	4	M	Direct
37,533	2010-02-27	2019-02-27	No	4	M	Direct
85,795	2011-03-11	2020-03-11	No	4	M	Direct

Footnotes

Common Shares of beneficial interest, par value $.04 per share (the "Common Shares") of Vornado Realty Trust (the "Company").
Represents weighted average sale price. These Common Shares were sold through the execution of a single market order at prices ranging between $105.55 and $105.84. Full information regarding the number of shares sold at each separate price will be provided upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
Represents weighted average sale price. These Common Shares were sold through the execution of a single market order at prices ranging between $105.55 and $106.01. Full information regarding the number of shares sold at each separate price will be provided upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
These Common Shares are held by Mr. Macnow's spouse. The filing of this Form 4 shall not be deemed an admission that Mr. Macnow is the beneficial owner of the Common Shares.
These Common Shares were a gift.