Edgar Filing: W P CAREY & CO LLC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Estate of Wm. Polk Carey

2. Date of Event Requiring Statement (Month/Day/Year)
01/13/2012

3. Issuer Name and Ticker or Trading Symbol
W P CAREY & CO LLC [WPC]

(Last)

(First)

(Middle)

C/O W. P. CAREY & CO. LLC,Â 50 ROCKEFELLER PLAZA

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10020

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,313,883.7726	D	Â
Common Stock	7,114,735.3152	I	W. P. Carey & Co. Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	Â ⁽¹⁾	03/31/2012	Common Stock	182,725	$ 23	D	Â
Employee Stock Option (right to buy)	Â ⁽²⁾	12/31/2012	Common Stock	6,818	$ 24.75	D	Â
Employee Stock Option (right to buy)	Â ⁽³⁾	06/30/2014	Common Stock	7,933	$ 29.78	D	Â
Employee Stock Option (right to buy)	Â ⁽⁴⁾	12/31/2014	Common Stock	230	$ 35.16	D	Â
Employee Stock Option (right to buy)	Â ⁽⁵⁾	06/30/2015	Common Stock	6,501	$ 29.28	D	Â
Employee Stock Option (right to buy)	Â ⁽⁶⁾	12/31/2015	Common Stock	266	$ 25.36	D	Â
Employee Stock Option (right to buy)	Â ⁽⁷⁾	06/30/2016	Common Stock	3,786	$ 25.32	D	Â
Employee Stock Option (right to buy)	Â ⁽⁸⁾	12/31/2016	Common Stock	224	$ 30.07	D	Â
Employee Stock Option (right to buy)	Â ⁽⁹⁾	06/30/2017	Common Stock	8,328	$ 31.45	D	Â
Employee Stock Option (right to buy)	Â ⁽¹⁰⁾	12/31/2017	Common Stock	1,220	$ 33.2	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Estate of Wm. Polk Carey C/O W. P. CAREY & CO. LLC 50 ROCKEFELLER PLAZA NEW YORK,Â NYÂ 10020	Â	Â X	Â	Â

Signatures

/s/ James A. Fitzgerald, Attorney-in-fact		01/23/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The options vested in three equal annual installments beginning 4/1/2003 and ending 2/15/2005.
(2)	The options were fully vested upon grant and became exercisable in five equal annual installments beginning 12/31/2007 and ending 12/31/2011.
(3)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 6/30/2009 and ending 6/30/2013.
(4)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 12/31/2009 and ending 12/31/2013.
(5)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 6/30/2010 and ending 6/30/2014.
(6)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 12/31/2010 and ending 12/31/2014.
(7)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 6/30/2011 and ending 6/30/2015.
(8)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 12/31/2011 and ending 12/31/2015.
(9)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 6/30/2012 and ending 6/30/2016.
(10)	The options were fully vested upon grant but become exercisable in five equal annual installments beginning 12/31/2012 and ending 12/31/2016.

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