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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) DECEMBER 2, 1996
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Commission File Number: 1-6064
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ALEXANDER'S, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 51-0100517
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(State or other jurisdiction of incorporation (I.R.S. Employer
or organization) Identification Number)
PARK 80 WEST, PLAZA II, SADDLE BROOK, NEW JERSEY 07663
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(Address of principal executive offices) (Zip Code)
(201)587-8541
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(Registrant's telephone number, including area code)
N/A
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(Former Name or Former Address, if Changed Since Last Report)
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Items 1-4. Not Applicable.
Item 5. Other Events.
Alexander's, Inc., a Delaware corporation (the
"Company"), announced on December 2, 1996 that Michael D.
Fascitelli has been elected a director of the Company and
has received an option for 350,000 shares of the Company's
common stock pursuant to the Company's Omnibus Stock Plan.
Mr. Fascitelli has also been appointed President of
Vornado Realty Trust ("Vornado"), a Maryland real estate
investment trust, which manages the Company's properties and
business affairs and is a major stockholder of the Company.
In addition, Mr. Fascitelli was elected to Vornado's Board of
Trustees.
Item 6. Not Applicable.
Item 7. Exhibits.
99 Press release, dated December 2, 1996, issued by
Vornado Realty Trust.
Items 8-9. Not Applicable.
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ALEXANDER'S, INC.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ALEXANDER'S INC.
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(Registrant)
Date: December 17, 1996 /s/ Joseph Macnow
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JOSEPH MACNOW
Vice President,
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit 99 Press release, dated December 2, 1996, issued by
Vornado Realty Trust.
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EXHIBIT 99
VORNADO REALTY TRUST
Park 80 West, Plaza II
Saddle Brook, NJ 07663
FOR IMMEDIATE RELEASE
VORNADO NAMES MICHAEL D. FASCITELLI
ITS NEW PRESIDENT AND A DIRECTOR
SADDLE BROOK, NJ, December 2, 1996 -- Steven Roth, Chairman and Chief Executive
Officer of Vornado Realty Trust (NYSE:VNO), announced today the appointment of
Michael D. Fascitelli as the company's new President. He has also been elected
to Vornado's board.
Mr. Fascitelli, age 40, formerly the partner at Goldman Sachs in charge of its
real estate practice, has more than 11 years of broad real estate experience,
including acquisitions, divestitures, development and capital markets. Prior to
joining Goldman Sachs, he was a consultant at McKinsey & Co.
Mr. Fascitelli has entered into a five year employment contract with Vornado
under which he will receive options for 1,750,000 Vornado common shares. He will
also receive a deferred payment which is intended to compensate him for the loss
of his present compensation, consisting of $5 million in cash and a $20 million
convertible obligation, payable at the company's option into 459,770 Vornado
shares or the cash equivalent of their appreciated value.
Mr. Fascitelli also has been elected a director of Alexander's, Inc. (NYSE:ALX)
and has received an option for 350,000 shares of Alexander's common stock.
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