Richard Lampen - 24 Feb 2023 Form 4 Insider Report for VECTOR GROUP LTD

Role
EVP/COO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney In Fact
Issuer symbol
N/A
Transactions as of
24 Feb 2023
Net transactions value
-$437,277
Form type
4
Filing time
27 Feb 2023, 20:02:07 UTC
Previous filing
17 Feb 2023
Next filing
16 Mar 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 Tax liability $437,277 -32,463 -3.9% $13.47 795,005 24 Feb 2023 Direct F1
holding VGR Common stock 6,179 24 Feb 2023 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 tax liabilities incident to the vesting of 82,500 shares of restricted stock, which were awarded to reporting person on February 24, 2021 (37,500) and March 1, 2022 (45,000). The shares withheld were valued at $13.47 per share, which represented the average of the low ($13.19) and high ($13.75) stock prices of the Issuer's Common Stock on February 24, 2023, 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 - Power of Attorney (previously filed as Exhibit 24 to Form 5 dated February 5, 2015.)