Victor B. Macfarlane - Sep 30, 2024 Form 4 Insider Report for Veris Residential, Inc. (VRE)

Role
Director
Signature
/s/ Victor B. MacFarlane
Stock symbol
VRE
Transactions as of
Sep 30, 2024
Transactions value $
$24,377
Form type
4
Date filed
10/2/2024, 06:05 PM
Previous filing
Aug 19, 2024
Next filing
Oct 17, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRE Phantom Stock Units Award $24.4K +1.36K +8.22% $17.86 18K Sep 30, 2024 Common Stock, $0.01 par value 1.36K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.