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

Role
President and CEO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney-In-Fact
Stock symbol
VGR
Transactions as of
Jan 6, 2023
Transactions value $
-$370,877
Form type
4
Date filed
1/9/2023, 05:00 PM
Previous filing
Dec 16, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Options Exercise $8.07M +704K +33.27% $11.47 2.82M Jan 6, 2023 Direct
transaction VGR Common Stock Tax liability -$8.44M -676K -24% $12.48 2.14M Jan 6, 2023 Direct F1
holding VGR Common Stock 2.63M Jan 6, 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 -704K -100% $0.00* 0 Jan 6, 2023 Common stock 704K $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.)