Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRE | Phantom Stock Units | Award | $26.3K | +1.75K | +6.83% | $14.98 | 27.4K | Jul 3, 2024 | Common Stock, $0.01 par value | 1.75K | $0.00 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The phantom stock units convert to common stock on a one-for-one basis. |
F2 | The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors. |
F3 | The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc. |