Scott J. Durkin - Dec 15, 2023 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role
Officer
Signature
/s/ J Bryant Kirkland III, Attorney in Fact
Stock symbol
DOUG
Transactions as of
Dec 15, 2023
Transactions value $
-$83,429
Form type
4
Date filed
12/18/2023, 09:00 PM
Previous filing
Mar 16, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Tax liability -$83.4K -33K -13.42% $2.53 213K 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 65,625 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:

President and CEO of Douglas Elliman Realty, LLC Exhibit 24 - Limited Power of Attorney filed with Form 3 dated December 16, 2021, which was filed on December 21, 2021.