Howard M. Lorber - Feb 13, 2024 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
President and CEO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney-In-Fact
Stock symbol
VGR
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/15/2024, 07:04 PM
Previous filing
Dec 18, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Award $0 +412K +16.88% $0.00 2.85M Feb 13, 2024 Direct F1
holding VGR Common Stock 2.63M Feb 13, 2024 By: Lorber Alpha II Limited Partnership F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 13, 2024, the Issuer awarded the Reporting Person a restricted stock grant of 412,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2023 Management Incentive Plan. The restricted shares vest in four equal annual installments on February 24, 2025, February 24, 2026, February 24, 2027 and February 24, 2028, provided the Reporting Person is then still an employee of the Issuer, subject to earlier vesting upon his death or disability, termination of employment without cause or resignation for good reason and change-of-control.
F2 Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The Reporting Person serves as the Managing Member of the Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated November 12, 2014.)