UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
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FORM 144 OMB Number: 3235-0101
Expires: August 31, 2003
Estimated average burden
hours per response.......2.0
NOTICE OF PROPOSED SALE OF SECURITIES -------------------------------
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
SEC USE ONLY
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DCOUMENT SEQUENCE NO.
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CUSIP NUMBER
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WORK LOCATION
ATTENTION: Transmit for filing 3 copies of this form concurrently with
either placing an order with a broker to execute sale or
executing a sale directly with a market maker.
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1. (a) NAME OF ISSUER (Please type or print)(b) IRS IDENT. NO.(c) S.E.C.FILE NO.
Realty Income Corporation 33-0580106 1-13374
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(d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE 220 West Crest Street
Escondido, CA 92025
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(e) TELEPHONE AREA CODE NUMBERS
760-741-2111
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2. (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
Thomas A. Lewis
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(b) IRS IDENT. NO. (c) RELATIONSHIP TO ISSUER
562-86-3322 CEO/Vice-Chairman
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(d) ADDRESS STREET CITY STATE ZIP CODE
220 West Crest Street Escondido, CA 92025
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INSTRUCTION: The person filing this notice should contact the issuer to obtain
the I.R.S. Identification Number and the S.E.C. File Number.
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3. (a) TITLE OF THE CLASS OF SECURITIES TO BE SOLD
Options for Common Stock
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(b) NAME AND ADDRESS OF EACH BROKER THROUGH WHOM THE SECURITIES ARE TO BE
OFFERED OR EACH MARKET MAKER WHO IS ACQUIRING THE SECURITIES
Raymond James and Associates
880 Carillon Parkway
St. Petersburg, FL 33716
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SEC USE ONLY BROKER-DEALER FILE NUMBER
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(c) NUMBER OF SHARES OR OTHER UNITS (d) AGGREGATE MARKET VALUE
TO BE SOLD
(See Instr. 3(c)) (See Instr. 3(d))
13,334 $460,125.00
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(e) NUMBER OF SHARES OR OTHER UNITS (f) APPROXIMATE DATE OF SALE
OUTSTANDING
(See Instr. 3(e) (See Instr. 3(f)
(MO.DAY YR.)
34,874,827 03/26/03
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(g) NAME OF EACH SECURITIES EXCHANGE
(See Instr. 3(g))
NYSE
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INSTRUCTIONS:
1. (a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file
(d) Issuer's address, including zip code
(e) Issuers's telephone number, including area code
2. (a) Name of person for whose acount the securities are to be sold
(b) Such person's I.R.S. identification number, if such person is an entity
(c) Such person's relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
(d) Such person's address, including zip code
3. (a) Title of the class of securities to be sold
(b) Name and address of each broker through whom the securities are intended
to be sold
(c) Number of shares or other units to be sold (if debt securities, give the
aggregate face amount)
(d) Aggregate market value of the securities to be sold as of a specified
date within 10 days prior to the filing of this notice
(e) Number of shares or other units of the class outstanding, or if debt
securities the face amount thereof outstanding, as shown by the most
recent report or statement published by the issuer
(f) Approximate date on which the securities are to be sold
(g) Name of each securities exchange, if any, on which the securities are
intended to be sold
TABLE I -- SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part of
the purchase price or other consideration therefor:
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TITLE OF DATE YOU NATURE OF
THE CLASS ACQUIRED ACQUISITION TRANSACTION
Common 03/26/03 Exercise of Stock Option
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NAME OF PERSON FROM WHOM ACQUIRED AMOUNT OF SECURITIES
(If gift, also give date donor acquired) ACQUIRED
Initial Issuance 13,334
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DATE OF PAYMENT NATURE OF PAYMENT
03/26/03 Cash
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INSTRUCTIONS:
1. If the securities were purchased and full payment therefore was not made in
cash at the time of purchase, explain in the table or in a note thereto the
nature of the consideration given. If the consideration consisted of any
note or other obligation, or if payment was made in installments, describe
the arrangement and state when the note or other obligation was discharged
in full or the last installment paid.
2. If within two years after the acquisition of the securities the person for
whose account they are to be sold had any short positions, put or other
option to dispose of securities referred to in paragraph (d)(3) of Rule 144,
furnish full information with respect thereto.
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TABLE II -- SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold
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NAME AND ADDRESS OF SELLER
NA
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TITLE OF SECURITIES SOLD DATE OF SALE
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AMOUNT OF SECURITIES SOLD GROSS PROCEEDS
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REMARKS:
INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to
be be given not only as to the person for whose account the securities are to be
sold but also as to all other persons included in that definition. In addition,
information shall be given as to sales by all persons whose sales are required
paragraph (e) of Rule 144 to be aggregated with sales for the account of the
person filing this notice.
03/27/03
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DATE OF NOTICE
ATTENTION:
The person for whose account the securities to which this notice relates are to
be sold hereby represents by signing this notice that he does not know any
material adverse information in regard to the current and prospective operations
of the Issuer of the securities to be sold which has not been publicly
disclosed.
BY: /s/ Thomas A. Lewis
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(SIGNATURE)
The notice shall be signed by the person for whose account the securities are to
be sold. At least one copy of the notice shall be manually signed. Any copies
not manually signed shall bear typed or printed signatures.
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ATTENTION: Intentional misstatements or omission of facts constitute Federal
Criminal Violations (See 18 U.S.C. 1001)
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