12 unchanged sentences
We intend to pay regular quarterly dividends to holders of our Class A common stock and Class B common stock, at least to the extent of our taxable income or as required to maintain our qualification as a REIT.
−Removed: Any distributions we pay in the
−Removed: future will depend upon our taxable income, actual results of operations, economic conditions and other factors that could differ materially from our current expectations.
+Added: Any distributions we pay in the future will depend upon our taxable income, actual results of operations, economic conditions and other factors that could differ materially from our current expectations.
Our actual results of operations will be affected by a number of factors, including the revenue we receive from our properties, our operating expenses, interest expense, the ability of our tenants to meet their obligations and unanticipated expenditures.
16 unchanged sentences
The graph is not deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act regardless of any general statement regarding incorporation by reference in any such filing and is not otherwise deemed filed under the Securities Act or the Exchange Act.
−Removed: Securities Authorized For Issuance Under Equity Compensation Plans
−Removed: On May 16, 2019, our shareholders approved the Empire State Realty Trust, Inc.
−Removed: Empire State Realty OP, L.P.
−Removed: 2019 Equity Incentive Plan (the “2019 Plan”).
−Removed: The 2019 Plan provides for grants to directors, employees and consultants of our Company and operating partnership, including options, restricted stock, restricted stock units, stock appreciation rights, performance awards, dividend equivalents and other equity-based awards, including LTIP units.
−Removed: An aggregate of approximately 11.0 million shares of our common stock are authorized for issuance under awards granted pursuant to the 2019 Plan.
−Removed: Following adoption by our shareholders of the 2019 Plan, we agreed not to issue any new equity awards under the First Amended and Restated Empire State Realty Trust, Inc.
−Removed: and Empire State Realty OP, L.P.
−Removed: 2013 Equity Incentive Plan ("2013 Plan", and collectively with the 2019 Plan, "the Plans"), which we adopted upon our IPO in 2013.
−Removed: The shares of Class A common stock underlying any awards under the 2019 Plan and the 2013 Plan that are forfeited, canceled or otherwise terminated, other than by exercise, will be added back to the shares of Class A common stock available for issuance under the 2019 Plan.
−Removed: For a further discussion of the Plans, see "Financial Statements - Note 10 Equity" in this Annual Report on Form 10-K.
−Removed: The following table presents certain information about our equity compensation plans as of December 31, 2023:
−Removed: Plan Category Number of securities to be issued upon exercise of outstanding options, warrants and rights Weighted-average exercise price of outstanding options, warrants and rights Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in the first column of this table)
−Removed: Equity compensation plans approved by securityholders (1)
−Removed: N/A N/A 4,162,516 (2)
−Removed: Equity compensation plans not approved by securityholders — — —
−Removed: Total N/A N/A 4,162,516
−Removed: ______________
−Removed: (1) These consist of the Empire State Realty Trust, Inc.
−Removed: Empire State Realty OP, L.P.
−Removed: 2019 Equity Incentive Plan and the First Amended and Restated Empire State Realty Trust, Inc.
−Removed: and Empire State Realty OP, L.P.
−Removed: 2013 Equity Incentive Plan.
−Removed: (2) The number of securities remaining available for future issuance consists of shares remaining available for issuance under the Empire State Realty Trust, Inc.
−Removed: Empire State Realty OP, L.P.
−Removed: 2019 Equity Incentive Plan adjusted for awards that have been forfeited, canceled or otherwise terminated, other than by exercise under the Empire State Realty Trust, Inc.
−Removed: Empire State Realty OP, L.P.
−Removed: 2019 Equity Incentive Plan and the First Amended and Restated Empire State Realty Trust, Inc.
−Removed: and Empire State Realty OP, L.P.
−Removed: 2013 Equity Incentive Plan .
−Removed: As of December 31, 2023, we have issued 1,147,005 shares of restricted stock and 15,052,177 LTIP units under the Plans since 2013.
Recent Sales of Unregistered Securities Use of Proceeds from Registered Securities
1 unchanged sentence
Repurchases of Equity Securities Stock and Publicly Traded Operating Partnership Unit Repurchase Program
−Removed: Our Board of Directors authorized the repurchase of up to $500 million of our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units during the period from January 1, 2022 through December 31, 2023.
−Removed: Upon expiration of this program, the Board of Directors authorized the repurchase of up to $500 million of our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units during the period from January 1, 2024 through December 31, 2025.
+Added: Our Board of Directors authorized the repurchase of up to $500.0 million of our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units from January 1, 2024 through December 31, 2025.
Under the program, we may purchase our Class A common stock and the Operating Partnership’s Series ES, Series 250 and Series 60 operating partnership units in accordance with applicable securities laws from time to time in the open market or in privately negotiated transactions.
−Removed: The timing, manner, price and amount of any repurchases will be determined by us and will be subject to stock price, availability, trading volume, general market conditions, and applicable securities laws.
+Added: The timing, manner, price and amount of any repurchases will be determined by us at our discretion and will be subject to stock price, availability, trading volume, general market conditions, and applicable securities laws.
The authorization does not obligate us to acquire any particular amount of securities, and the program may be suspended or discontinued at our discretion without prior notice.
−Removed: At December 31, 2023, we had used approximately $103.3 million of the authorized repurchase amount for the 2022-2023 period.
−Removed: There were no repurchases of equity securities in the three-month period ended December 31, 2023 under this repurchase program.
+Added: As of December 31, 2024, we had $500.0 million remaining of the authorized repurchase amount.
+Added: There were no repurchases of equity securities during the three-month period ended December 31, 2024 under this repurchase program.
See "Financial Statements — Note 10 Equity" in this Annual Report on Form 10-K.
−Removed: There have also been no repurchases of equity securities yet under the new repurchase program.
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.