secwatch.observer — SEC 8-K summary
======================================

Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001104659-25-079259
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green extends General Counsel Levine's term to Jan 2028; base salary $600k, bonus up to 300%
--------------------------------------------------------------------------------

- Andrew Levine extended as Chief Legal Officer and General Counsel through Jan 1, 2028, retroactive to Jan 1, 2025.
- Base salary of $600,000 per year; annual cash bonus opportunity up to 300% of base (50-150% formulaic, rest discretionary).
- Annual time-based LTIP grant target value at least $1,450,000; vesting ratably over remaining term.
- Severance: on termination without cause/for good reason receives 1x salary+avg bonus (2x with CIC), pro-rata bonus, equity acceleration, benefit continuation.
- Restrictive covenants: non-compete for 6 months post-termination (unless term expires), non-solicitation, non-disparagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000110465925079259/0001104659-25-079259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000110465925079259/tm2523493d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-079259

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer