Howard M. Lorber - 06 Jan 2023 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
06 Jan 2023
Net transactions value
-$370,877
Form type
4
Filing time
09 Jan 2023, 17:00:35 UTC
Previous filing
16 Dec 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Options Exercise $8,069,684 +703,547 +33% $11.47 2,818,356 06 Jan 2023 Direct
transaction VGR Common Stock Tax liability $8,440,561 -676,327 -24% $12.48 2,142,029 06 Jan 2023 Direct F1
holding VGR Common Stock 2,629,035 06 Jan 2023 By: Lorber Alpha II Limited Partnership 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 -703,547 -100% $0.000000* 0 06 Jan 2023 Common stock 703,547 $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 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.)