Richard Lampen - Mar 14, 2023 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role
Executive Vice President & COO, Director
Signature
/s/ J Bryant Kirkland III, Attorney in Fact
Stock symbol
DOUG
Transactions as of
Mar 14, 2023
Transactions value $
$0
Form type
4
Date filed
3/16/2023, 07:00 PM
Previous filing
Feb 27, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Award $0 +500K +51.16% $0.00 1.48M Mar 14, 2023 Direct F1
holding DOUG Common Stock 3.09K Mar 14, 2023 By spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 14, 2023, the Issuer granted the Reporting Person a restricted stock award of 500,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in four equal annual installments commencing on December 15, 2023, subject to the Reporting Person's continued employment through each such vesting date or earlier vesting upon the Reporting Person's death or disability, termination of employment without cause or resignation for good reason or change-of-control.
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 - Limited Power of Attorney filed with Form 3 dated December 16, 2021, which was filed on December 21, 2021.