J. Bryant Kirkland III - Dec 15, 2023 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Signature
/s/ J Bryant Kirkland III
Stock symbol
DOUG
Transactions as of
Dec 15, 2023
Transactions value $
-$85,835
Form type
4
Date filed
12/18/2023, 09:00 PM
Previous filing
Sep 12, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Tax liability -$85.8K -33.9K -5.54% $2.53 579K Dec 15, 2023 Direct F1, 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 payroll tax liabilities incident to the vesting of 78,750 shares of restricted stock, which were awarded to reporting person on December 31, 2021 and March 14, 2023. The shares withheld were valued at $2.53 per share, which represented the average of the low ($2.42) and high ($2.64) stock prices of the Issuer's Common Stock on December 15, 2023, the date of vesting.
F2 All shares have been adjusted to reflect 5% stock dividend, which was paid by the Issuer on June 30, 2023.

Remarks:

Senior Vice President, Treasurer & CFO