Richard Lampen - Dec 15, 2022 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role
Executive Vice President & COO, Director
Signature
/s/ J Bryant Kirkland III, Attorney in Fact
Stock symbol
DOUG
Transactions as of
Dec 15, 2022
Transactions value $
-$196,010
Form type
4
Date filed
12/16/2022, 07:30 PM
Previous filing
Sep 9, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Tax liability -$196K -49.2K -4.79% $3.99 977K Dec 15, 2022 Direct F1
holding DOUG Common Stock 3.09K Dec 15, 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 withholdings of shares as payment of the Reporting Person's payroll tax liabilities incident to the vesting of 125,000 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.
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 - Limited Power of Attorney filed with Form 3 dated December 16, 2021, which was filed on December 21, 2021.