Bennett S. Lebow - Dec 21, 2021 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
Director
Signature
/s/ J. Bryant Kirkland III, Attorney-in-fact
Stock symbol
VGR
Transactions as of
Dec 21, 2021
Transactions value $
-$808,482
Form type
4
Date filed
12/23/2021, 08:17 PM
Previous filing
May 14, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Other -$808K -47.3K -20.3% $17.11 185K Dec 21, 2021 By LeBow Gamma Limited Partnership F1, F2
holding VGR Common Stock 127K Dec 21, 2021 By LeBow Alpha LLLP F3
holding VGR Common Stock 1.76M Dec 21, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 21, 2021, LeBow Gamma Limited Partnership distributed 47,252 shares to a public charitable organization in satisfaction of such public charity's preferred priority return in LeBow Gamma Limited Partnership for calendar year 2021. For purposes of the distribution reported herein, the Issuer's common stock was deemed to have a value of $17.11 per share, which was the average of the low ($16.83) and high ($17.39) prices of the Issuer's Common Stock on December 21, 2021.
F2 LeBow Gamma Limited Partnership is a Delaware limited partnership. LeBow 2011 Management Trust is the managing member of LeBow Holdings LLC, a Delaware limited liability company, which is the sole stockholder of LeBow Gamma, Inc., a Nevada corporation, which is the general partner of LeBow Gamma Limited Partnership. Mr. LeBow is trustee of LeBow 2011 Management Trust and a director and officer of LeBow Gamma, Inc. Mr. LeBow disclaims beneficial ownership for purposes of Section 16 of the Act of the Issuer's common stock held by LeBow Gamma Limited Partnership except to the extent of his pecuniary interest therein.
F3 LeBow Alpha LLLP is a Delaware limited liability limited partnership. LeBow Holdings LLC, a Delaware limited liability company, is the general partner of LeBow Alpha LLLP. LeBow 2011 Management Trust is the managing member of LeBow Holdings LLC. Mr. LeBow is trustee of LeBow 2011 Management Trust. Mr. LeBow disclaims beneficial ownership for purposes of Section 16 of the Act of the Issuer's common stock held by LeBow Alpha LLLP except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated September 16, 2014, which is dated September 17, 2014.)