U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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OMB APPROVAL
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OMB Number 3235-0362
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
FORM 5 Expires: January 31, 2005
Estimated average burden
hours per response....1.0
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|_| Check this box if no
longer subject to Section
16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may continue. Exchange Act of 1934, Section 17(a) of the Public Utility
See Instruction 1(b). Holding Company Act of 1935 or Section 30(h) of the
|_| Form 3 Holdings Reported Investment Company Act of 1940
|X| Form 4 Transactions Reported
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1. Name and Address of Reporting 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person to
Person* Symbol Issuer (Check all applicable)
Rechler Donald J. Reckson Associates Realty Corp. (RA) X Director ___ 10% Owner
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(Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for X Officer ___ Other (specify below)
Number of Reporting Month/Year --
c/o Reckson Associates Realty Corp. Person, if an entity (give title below)
225 Broadhollow Road (Voluntary) December 31, 2002
Co-Chief Executive Officer
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(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (check applicable line)
X Form filed by One Reporting Person
Melville, NY 11747 (Month/Year) --
February 13, 2003* __ Form filed by More than One Reporting
Person
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(City) (State) (Zip) Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of 2. Trans- 2A. Deemed 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
Security action Execution action or Disposed of (D) Securities Form: Indirect
(Instr. 3) Date Date, if Code (Instr. 3, 4 and 5) Beneficially Direct Beneficial
(Month/ any (Instr. Owned at (D) or Ownership
Day/Year) (Month/ 8) End of Indirect (I) (Instr. 4)
Day/Year) -------------------------- Month (Instr. 4)
(Instr. 3
(A) and 4)
or
Amount (D) Price
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Class A
Common Stock 12/10/02 D4+ 25,000 D $20.98 462,844++ D
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*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)
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1. Title 2. Conver- 3. Trans- 3A. 4. Trans- 5. Number 6. Date 7. Title 8. Price 9. Number 10. Owner- 11. Nature
of sion action Deemed action of Exer- and of of De- ship of
Deriva- or Date Execution Code Deriva- cisable Amount Deriv- rivative Form Indirect
tive Exercise (Month/ Date, if (Instr. tive and of Under- ative Securi- of De- Bene-
Security Price of Day/ any 8) Securi- Expira- lying Security ties Bene- rivative ficial
(Instr. Derivative Year) (Month/ ties tion Securities (Instr. ficially Security: Owner-
3) Security Day/ Acquired Date (Instr. 3 5) Owned Direct ship
Year) (A) or (Month/ and 4) Following (D) or (Instr.
Disposed Day/ Reported Indirect 4)
of (D) Year) Transaction (I)
(Instr. 3, (Instr. 4) (Instr. 4)
4, and 5)
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(A) (D) Date Ex- Title Amount
Exer- pira- or
cis- tion Number
able Date of
Shares
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Phantom 1-for-1 11/14/02 A4 46,983 (1) 11/14/06 Class 46,983 46,983 D
Stock A
Common
Stock
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Explanation of Responses:
* The original filing of this Form 5 (the "Original Filing") was made on February 13, 2003. The Original Filing erroneously
reported four purchases of Class A common stock that were made by a trust in which Donald Rechler has no pecuniary interest.
This Amendment is being filed to remove those transactions from the report, and as a result to correct the total number of
shares beneficially owned by Mr. Rechler. Also, the transaction code for Mr. Rechler's disposition of 25,000 shares to the
Company has been changed from "S" to "D".
(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 3/13/03
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** Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date
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.