Wilson White - Dec 29, 2021 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role: Director
Signature: /s/ J Bryant Kirkland III, Attorney-in-Fact for Wilson White
Stock symbol: DOUG
Transactions as of: Dec 29, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/3/2022, 08:01 PM
Previous filing: Dec 21, 2021
Next filing: Dec 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOUG	Common Stock	Other	$0	+1.75K		$0.00	1.75K	Dec 29, 2021	Direct	F1
transaction	DOUG	Common Stock	Award	$0	+30K	+1714.29%	$0.00	31.8K	Dec 31, 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents 1,750 shares of Common Stock of the Issuer acquired by the Reporting Person in a pro rata distribution by Vector Group Ltd. ("Vector") to holders of its common stock (including Vector common stock underlying outstanding stock option awards and restricted stock awards), which occurred on December 29, 2021 in a transaction exempt under Rules 16a-9 and 16b-3 of the Securities Exchange Act of 1934, as amended (the "Distribution").
F2	Following the Distribution, on December 31, 2021, the Issuer granted the Reporting Person a restricted stock award of 30,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in two equal annual installments commencing on December 15, 2022, subject to the Reporting Person's continued service through each such vesting date or earlier vesting upon the Reporting Person's death or disability or a change-of-control.

Content

Represents 1,750 shares of Common Stock of the Issuer acquired by the Reporting Person in a pro rata distribution by Vector Group Ltd. ("Vector") to holders of its common stock (including Vector common stock underlying outstanding stock option awards and restricted stock awards), which occurred on December 29, 2021 in a transaction exempt under Rules 16a-9 and 16b-3 of the Securities Exchange Act of 1934, as amended (the "Distribution").

Following the Distribution, on December 31, 2021, the Issuer granted the Reporting Person a restricted stock award of 30,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in two equal annual installments commencing on December 15, 2022, subject to the Reporting Person's continued service through each such vesting date or earlier vesting upon the Reporting Person's death or disability or a change-of-control.