Richard Lampen - 24 Feb 2022 Form 4 Insider Report for VECTOR GROUP LTD

Role
EVP/COO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney in Fact
Issuer symbol
N/A
Transactions as of
24 Feb 2022
Net transactions value
-$158,507
Form type
4
Filing time
28 Feb 2022, 19:00:38 UTC
Previous filing
03 Jan 2022
Next filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Tax liability $158,507 -14,728 -2.5% $10.76 571,880 24 Feb 2022 Direct F1
holding VGR Common Stock 6,179 24 Feb 2022 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the transfer of shares from reporting person to Issuer as payment of the reporting person's payroll tax withholdings incident to the vesting of 37,500 shares of restricted stock, which were awarded to reporting person on February 24, 2021. The shares were transferred 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.
F2 The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 5 dated February 5, 2015.)