Howard M. Lorber - Feb 29, 2024 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)

Role
Chairman, President & CEO, Director
Signature
/s/ J Bryant Kirkland III, Attorney in Fact
Stock symbol
DOUG
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 05:17 PM
Previous filing
Feb 26, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOUG Common Stock Award $0 +1.33M +33.29% $0.00 5.31M Feb 29, 2024 Direct F1
holding DOUG Common Stock 1.38M Feb 29, 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 29, 2024, the Issuer granted the Reporting Person a restricted stock award of 1,325,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in four equal annual installments commencing on December 15, 2024, subject to the Reporting Person's continued employment through each such vesting date or earlier vesting upon the Reporting Person's death or disability, termination of employment without cause or resignation for good reason or 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 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 3 dated December 16, 2021.)