James D. Ballard - Feb 28, 2024 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
Officer
Signature
/s/ J. Bryant Kirkland III, Attorney in Fact
Stock symbol
VGR
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 08:00 PM
Previous filing
Feb 26, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Award $0 +10K +15.84% $0.00 73.1K Feb 28, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2024, the Issuer awarded the Reporting Person a restricted stock grant of 10,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2023 Management Incentive Plan (the "2023 Plan"). The restricted shares vest in four equal annual installments on February 28, 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 a qualifying termination in connection with a change-of-control, as defined in the 2023 Plan, which is applied on double-trigger basis.

Remarks:

SVP - Enterprise Efficiency and CTO Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 3 dated July 10, 2020, which was filed on July 14, 2020.)