| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VGR | Common Stock | Award | $0 | +62.5K | +3.63% | $0.00 | 1.78M | Feb 24, 2022 | Direct | F1 |
| transaction | VGR | Common Stock | Tax liability | -$573K | -53.3K | -2.98% | $10.76 | 1.73M | Feb 24, 2022 | Direct | F2 |
| holding | VGR | Common Stock | 2.63M | Feb 24, 2022 | By: Lorber Alpha II Limited Partnership | F3 |
| Id | Content |
|---|---|
| F1 | The Reporting Person received a performance-based restricted stock grant of 250,000 shares on February 24, 2021. The grant vests equally in four equal installments (62,500 shares) on February 24, 2022, February 24, 2023, February 24, 2024 and February 24, 2025, based upon the Issuer achieving certain performance targets and the Reporting Person being continuously employed by Vector Group Ltd. This amount represents the first vesting of the award. |
| F2 | Represents withholdings of shares as payment for payroll tax liabilities incident to the vesting of (a) the 62,500 shares of performance-based restricted stock referenced in footnote 1 and (b) 62,500 shares of time-based restricted stock which were awarded to the Reporting Person on February 24 2021 and were previously reported at the time of grant. The shares withheld were valued at $10.7623 per share, which represented the average of the low ($10.5545) and high ($10.97) stock prices of the Issuer's Common Stock on February 24, 2022, the date of vesting of each respective award. |
| F3 | Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The Reporting Person serves as the Managing Member of the Lorber Alpha II LLC and has voting and dispositive power with respect to such shares. |
Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated November 12, 2014.)