Vector Group Ltd - Dec 16, 2021 Form 3 Insider Report for Douglas Elliman Inc. (DOUG)

Role: Other*, 10%+ Owner
Signature: /s/ J. Bryant Kirkland III, Senior Vice President, Treasurer and CFO of Vector Group Ltd.
Stock symbol: DOUG
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/21/2021, 07:50 PM
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DOUG	Common Stock						1K	Dec 16, 2021	By Subsidiary	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares of common stock of the issuer, which represent all of the issuer's authorized and outstanding common stock, are owned directly by New Valley LLC (f/k/a New Valley Corp.), a direct wholly owned subsidiary of Vector Group Ltd. ("Vector") .

Remarks:

This Form 3 is being filed in connection with the Securities and Exchange Commission's declaration of effectiveness of the Registration Statement on Form S-1 of Douglas Elliman Inc. ("Douglas Elliman"), which describes the planned distribution by Vector of all of the common stock of Douglas Elliman. New Valley LLC was previously organized as a Delaware corporation under the name New Valley Corp., and this former name is listed above. Concurrently with this filing, a name change request is being made with the Securities and Exchange Commission to reflect this entity's current name, adopted in connection with it becoming a Delaware limited liability company, New Valley LLC.