5 1 efc3-0250_5315163fm5.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
--------------------------------- QMB APPROVAL --------- ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number 3235-0362 FORM 5 Expires: January 31, 2005 --------- Estimated average burden hours per response....1.0 --------------------------------- --------------------------------- |_| Check this box if no longer Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) subject to Section 16. of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Form 4 or Form 5 Investment Company Act of 1940 obligations may continue. See Instruction 1(b). |_| Form 3 Holdings Reported |X| Form 4 Transactions Reported
----------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting 2. Issuer Name and Ticker or 6. Relationship of Reporting Person* Symbol Person to Issuer (Check all applicable) Rechler Roger M. Reckson Associates Realty Corp. (RA) ----------------------------------- ------------------------------------------------------ X Director 10% Owner (Last) (First) (Middle) 3. I.R.S. Identification Number --- --- of Reporting Person, if an X Officer (give Other entity (Voluntary) 4. Statement for --- title below) --- (specify below) c/o Reckson Aasociates Realty Corp. Month/Year 225 Broadhollow Road Executive Vice President ----------------------------------- ------------------------ Street December 31, 2002 ------------------------------------------------------------- 5. If Amendment, 7. Individual or Joint/Group Filing Date of Original (check applicable line) X Form filed by One Reporting Melville, NY 11747 (Month/Year) --- Person ----------------------------------- Form filed by More than One (City) (State) (Zip) --- Reporting Person ----------------------------------------------------------------------------------------------------------------------------------- Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ---------------------------------------------------------------------------------------------------------------------------------- 1. Title of 2. Trans- 2A. Deemed 3. Transaction 4. Securities 5. Amount of 6. Ownership 7. Nature of Security action Execution Code Acquired (A) or Securities Form: Direct Indirect (Instr. 3) Date Date, if (Instr. 8) Disposed of (D) Beneficially (D) or Beneficial (Month/ any (Instr. 3, 4 and 5) Owned at Indirect (I) Ownership Day/ (Month/ -------------------- End of (Instr. 4) (Instr. 4) Year) Day/ (A) Month Year) or (Instr.3 Amount (D) Price and 4) ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 12/10/02 S4+ 12,500 D $20.98 448,146++ D ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 1/16/02 L 154 A $23.65 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 4/18/02 L 149 A $25.10 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 7/18/02 L 165 A $22.83 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 10/21/02 L 184 A $21.08 9,423 I+++ By Trust ---------------------------------------------------------------------------------------------------------------------------------- *If the form is filed by more than one person, see instruction 4(b)(v)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ----------------------------------------------------------------------------------------------------------------------------------- 1. Title 2. 3. Trans- 3A. Deemed 4. Trans- 5. Number 6. Date 7. Title 8. Price 9. Number 10. Owner- 11. Nature of Deriv- Con- action Execu- action of Deriv- Exer- and of of De- ship of ative ver- Date tion Code ative cis- Amount Deriv- rivative Form Indirect Secur- sion (Month/ Date, if (Instr. Securi- able of ative Securi- of Benefi- ity or Day/ any 8) ties and Under- Secu- ties Deriv- cial (Instr. Exer- Year) (Month/ Ac- Expira- lying rity Benefi- ative Owner- 3) cise Day/ quired tion Securi- (Instr. cially Secu- ship Price Year) (A) or Date ties 5) Owned rity: (Instr. of Dis- (Month/ (Instr. Follow- Direct 4) Deriv- posed Day/ 3 and 4) ing (D) or ative of (D) Year) Reported Indi- Secur- (Instr. Trans- rect ity 3, 4, action (I) and 5) (Instr. (Instr. 4) 4) ----------------------------------------------------------------------------------------------------------------------------------- Amount Date Ex- or Exer- pira- Number cisa- tion of (A) (D) able Date Title Shares ----------------------------------------------------------------------------------------------------------------------------------- Phantom 1-for-1 11/14/02 A4 25,530 (1) 11/14/06 Class A 25,530 25,530 D Stock Common Stock ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) The grant will vest in four equal annual installments beginning on November 14, 2003. + These shares were transferred to the Company in repayment of a $339,062.50 loan to Roger Rechler that was granted to Mr. Rechler for the purchase of the shares. The loan, which was secured by the shares, matured on December 10, 2002. ++ Includes 758 shares owned through the Company's 401(k) Plan. +++ Represents shares held in trust by the wife of Roger Rechler, for the benefit of their children, that were acquired upon the reinvestment of dividends, beneficial ownership of which is disclaimed by Mr. Rechler. By: /s/ Roger M. Rechler 2/13/03 ------------------------------- ------------------------ **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.