Howard M. Lorber - 01 Mar 2022 Form 4 Insider Report for VECTOR GROUP LTD

Role
President and CEO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 19:00:34 UTC
Previous filing
28 Feb 2022
Next filing
30 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 Award $0 +300,000 +17% $0.000000 2,031,497 01 Mar 2022 Direct F1
holding VGR Common Stock 2,629,035 01 Mar 2022 By: Lorber Alpha II Limited Partnership F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 1, 2022, the Issuer awarded the Reporting Person a restricted stock grant of 300,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2014 Management Incentive Plan. Restricted shares vest in four equal annual installments on February 24, 2023, February 24, 2024, February 24, 2025 and February 24, 2026, provided the Reporting Person is then still an employee of the Issuer, subject to earlier vesting upon his death or disability, termination of employment without cause or resignation for good reason and change-of-control.
F2 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.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated November 12, 2014.)