Richard Lampen - May 27, 2023 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
EVP/COO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney In Fact
Stock symbol
VGR
Transactions as of
May 27, 2023
Transactions value $
-$87,466
Form type
4
Date filed
5/30/2023, 08:03 PM
Previous filing
Mar 16, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common stock Tax liability -$87.5K -7.38K -0.93% $11.86 788K May 27, 2023 Direct F1
holding VGR Common stock 6.18K May 27, 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 18,750 shares of restricted stock, which were awarded to reporting person on May 27, 2020. The shares withheld were valued at $11.855 per share, which represented the average of the low ($11.75) and high ($11.96) stock prices of the Issuer's Common Stock on May 26 2023, the last trading day before the date of vesting, which was on a non-trading day (Saturday).
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)