Richard Lampen - Jan 6, 2023 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
EVP/COO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney In Fact
Stock symbol
VGR
Transactions as of
Jan 6, 2023
Transactions value $
-$78,227
Form type
4
Date filed
1/9/2023, 05:00 PM
Previous filing
Dec 16, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Options Exercise $2.02M +176K +23.62% $11.47 920K Jan 6, 2023 Direct
transaction VGR Common Stock Tax liability -$2.1M -168K -18.24% $12.48 752K Jan 6, 2023 Direct F1
holding VGR Common stock 6.18K Jan 6, 2023 By Spouse F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VGR Employee stock option (right to buy) Options Exercise $0 -176K -100% $0.00* 0 Jan 6, 2023 Common stock 176K $11.47 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the closing price of the Issuer's Common Stock on January 6, 2023, the date of exercise.
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.)