Marc N. Bell - 15 Dec 2023 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role: Officer
Signature: /s/ J Bryant Kirkland III, Attorney in Fact
Issuer symbol: DOUG
Transactions as of: 15 Dec 2023
Net transactions value: -$29,652
Form type: 4
Filing time: 18 Dec 2023, 21:00:07 UTC
Previous filing: 30 May 2023
Next filing: 15 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOUG	Common Stock	Tax liability	$29,652	-11,720	-4.1%	$2.53	277,495	15 Dec 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 26,250 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 on June 30, 2023.

Content

Represents withholdings of shares as payment of the Reporting Person's payroll tax liabilities incident to the vesting of 26,250 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.

All shares have been adjusted to reflect 5% stock dividend, which was paid on June 30, 2023.

Remarks:

SVP, Secretary and General Counsel Exhibit 24 - Limited Power of Attorney filed with Form 3 dated December 16, 2021, which was filed on December 21, 2021.