5 1 efc3-0251_5314734fm5.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
------------------------------ OMB APPROVAL OMB Number 3235-0362 ------- Expires: January 31, 2005 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden ------- hours per response....1.0 |_| Check this box if ------------------------------ no longer subject to Section 16. Form 4 or Form 5 obligations may continue. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, See Instruction 1(b). Section 17(a) of the Public Utility Holding Company Act of 1935 or |_| Form 3 Holdings Reported Section 30(h) of the Investment Company Act of 1940 |X| Form 4 Transactions Reported
---------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address 2. Issuer Name and Ticker or 6. Relationship of Reporting of Reporting Person* Trading Symbol Person to Issuer (Check all applicable) Rechler Donald J. Reckson Associates Realty Corp. (RA) X Director 10% Owner ---------------------------- --------------------------------- ---- --- (Last) (First) (Middle) 3. I.R.S. Identification Number of X Officer (give Other Reporting Person, if an entity 4. Statement for ---- title below) --- (specify (Voluntary) Month/Year below) c/o Reckson Associates Realty Corp. December 31, 2002 Co-Chief Executive Officer 225 Broadhollow Road -------------------- ------------------------------------ ----------------------------------- 5. If Amendment, 7. Individual or Joint/Group Filing (Street) 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 Security 2. Trans- 2A. Deemed 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action Execution action or Disposed of (D) Securities ship of In- Date Date, if Code (Instr. 3, 4 and 5) Beneficially Form: direct (Month/ any (Instr. Owned at Direct Bene- Day/ (Month/ 8) End of (D) or ficial Year) Day/ Month Indirect Owner- Year) (Instr. 3 (I) Ship and 4) (Instr. (Instr. 4) 4) ---------------------------------------------------------------------------------------------------------------------------------- (A) or Amount (D) Price ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 12/10/02 S4+ 25,000 D $20.98 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 1/16/02 P4 604 A $23.65 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 4/18/02 P4 579 A $25.10 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 7/18/02 P4 648 A $22.83 ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 10/21/02 P4 714 A $21.08 465,389++ D ---------------------------------------------------------------------------------------------------------------------------------- *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. Con- 3. Trans- 3A. Deemed 4. Trans- 5. Number 6. Date 7. Title 8. Price 9. Num- 10. Owner- 11. Na- of ver- action Execu- action of Exer- and of ber ship ture Deriv- sion Date tion Code Deriv- cis- Amount Deriv- of Form of In- ative or (Month/ Date, if (Instr. ative able of ative De- of direct Secur- Exer- Day/ any 8) Securi- and Under- Secu- riva- Deriv- Bene- ity cise Year) (Month/ ties Expira- lying rity tive ative ficial (Instr. Price Day/ Ac- tion Securi- (Instr. Se- Secu- Own- 3) of Year) quired Date ties 5) curi- rity: ership Deriv- (A) or (Month/ (Instr. ties Direct (Instr. ative Dis- Day/ 3 and Bene- (D) or 4) Secur- posed Year) 4) fi- Indi- ity of cial- rect (D) ly (I) Instr. Owned (Instr. 3, 4 Fol- 4) and 5) lowing Re- ported Trans- action (Instr. 4) ----------------------------------------------------------------------------------------------------------------------------------- Amount (A) (D) Date Ex- or Exer- pira- Number cisa- tion of ble Date Title Shares ----------------------------------------------------------------------------------------------------------------------------------- Phantom 1-for-1 11/14/02 A4 46,983 (1) 11/14/06 Class 46,983 46,983 D Stock A 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 $678,125 loan to Donald 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 759 shares owned through the Company's 401(k) Plan. By: /s/ Donald J. Rechler 2/13/03 ------------------------------- ----------- ** Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date 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.