James D. Ballard - 24 Feb 2023 Form 4 Insider Report for VECTOR GROUP LTD

Role: Officer
Signature: /s/ J. Bryant Kirkland III, Attorney in Fact
Issuer symbol: N/A
Transactions as of: 24 Feb 2023
Net transactions value: -$81,143
Form type: 4
Filing time: 27 Feb 2023, 20:02:53 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	$81,143	-6,024	-7.7%	$13.47	72,252	24 Feb 2023	Direct	F1

* 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 13,750 shares of restricted stock, which were awarded to reporting person on February 24, 2021 (6,250) and March 1, 2022 (7,500). 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.

Content

Represents withholdings of shares as payment of the reporting person's tax liabilities incident to the vesting of 13,750 shares of restricted stock, which were awarded to reporting person on February 24, 2021 (6,250) and March 1, 2022 (7,500). 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.

Remarks:

SVP - Enterprise Efficiency and CTO Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 3 dated July 10, 2020, which was filed on July 14, 2020.)