Alan R. Batkin - 03 Apr 2023 Form 4 Insider Report for Veris Residential, Inc. (VRE)

Reporting relationship: Director
Issuer ticker: VRE
Reported as of: 03 Apr 2023
Net transaction value: +$24,375
SEC form: 4
Accepted by SEC: 05 Apr 2023, 18:16:47 UTC
Prior SEC filing: 05 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Alan Batkin

Key filing fact

Alan R. Batkin filed Form 4 for Veris Residential, Inc. (VRE) on 05 Apr 2023.

Key facts

This page summarizes Alan R. Batkin's Form 4 filing for Veris Residential, Inc. (VRE).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Apr 2023, 18:16.

Change

Previous filing in this sequence was filed on 05 Jan 2023.
Current net transaction value: +$24,375.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRE transaction Derivative

Phantom Stock Units

Award

Transaction value: $24,375
Shares: +1,678
Change %: +8.8%
Price: $14.53
Shares after: 20,767
Date: 03 Apr 2023
Ownership: Direct
Underlying class: Common Stock, $0.01 par value
Underlying amount: 1,678
Exercise price: $0.000000
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The phantom stock units convert to common stock on a one-for-one basis.

Footnote F2

The number of phantom stock units awarded is comprised of a quarterly director's fee earned under the Veris Residential, Inc. Deferred Compensation Plan for Directors.

Footnote 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.