Howard M. Lorber - May 27, 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
May 27, 2024
Transactions value $
-$286,331
Form type
4
Date filed
5/28/2024, 09:00 PM
Previous filing
Apr 5, 2024
Next filing
Jul 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common Stock Tax liability -$286K -26.3K -0.91% $10.90 2.86M May 27, 2024 Direct F1
holding VGR Common Stock 2.63M May 27, 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 Represents withholdings of shares as payment of the reporting person's tax liabilities incident to the vesting of 62,500 shares of restricted stock, which were awarded to reporting person on May 27, 2020 and were previously reported at the time of the grant. The shares withheld were valued at $10.895 per share, which represented the average of the low ($10.80) and high ($10.99) stock prices of the Issuer's Common Stock on May 24, 2024, the last trading day before the date of vesting.
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 4 dated November 12, 2014.)