Daniel A. Sachar - Dec 15, 2022 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role
Officer
Signature
/s/ J Bryant Kirkland III, Attorney in Fact
Stock symbol
DOUG
Transactions as of
Dec 15, 2022
Transactions value $
-$15,681
Form type
4
Date filed
12/16/2022, 07:30 PM
Previous filing
Jan 3, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Tax liability -$15.7K -3.94K -9.14% $3.99 39.1K Dec 15, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents withholdings of shares as payment of the Reporting Person's payroll tax liabilities incident to the vesting of 10,000 shares of restricted stock, which were awarded to reporting person on December 31, 2021. The shares withheld were valued at $3.985 per share, which represented the average of the low ($3.90) and high ($4.07) stock prices of the Issuer's Common Stock on December 15, 2022, the date of vesting.

Remarks:

Vice President of Innovation and Managing Director of New Valley Ventures LLC Exhibit 24 - Limited Power of Attorney filed with Form 3 dated December 16, 2021, which was filed on December 21, 2021.