Key facts
- This page summarizes Jeffrey Scott Turkanis's Form 4 filing for Veris Residential, Inc. (VRE).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Mar 2025, 18:45.
Jeffrey Scott Turkanis - 10 Mar 2025 Form 4 Insider Report for Veris Residential, Inc. (VRE)
- Reporting relationship
- EVP & CHIEF INVESTMENT OFFICER
- Issuer ticker
- VRE
- Reported as of
- 10 Mar 2025
- Net transaction value
- -$31,741
- SEC form
- 4
- Accepted by SEC
- 12 Mar 2025, 18:45:18 UTC
- Prior SEC filing
- 11 Mar 2025
- Next SEC filing
- 14 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeffrey Scott Turkanis
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey Scott Turkanis filed Form 4 for Veris Residential, Inc. (VRE) on 12 Mar 2025.
Change
- Previous filing in this sequence was filed on 11 Mar 2025.
- Current net transaction value: -$31,741.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VRE
transaction
Common Stock, $0.01 par value
Options Exercise
- Transaction value
- Shares
- +6,528
- Change %
- +5.9%
- Price
- Shares after
- 117,442
- Date
- 10 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
VRE
transaction
Common Stock, $0.01 par value
Tax liability
- Transaction value
- $31,741
- Shares
- -1,915
- Change %
- -1.6%
- Price
- $16.58
- Shares after
- 115,527
- Date
- 10 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VRE
transaction
Derivative
Performance Vesting Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -20,679
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 10 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock, $0.01 par value
- Underlying amount
- 20,679
- Exercise price
- $0.000000
- Footnotes
- F1, 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
On March 10, 2025, the reporting person vested in 6,528 performance vesting restricted stock units and (each, a "PVRSU") and forfeited 14,151 PVRSUs that did not vest at the end of the applicable three year performance period. Each PVRSU represented a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock") of Veris Residential, Inc. (the "Company').
Footnote F2
Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of PVRSUs.
Footnote F3
Seventy-five percent (75%) of the PVRSUs were eligible to vest over a three year period ended March 9, 2025 based on the attainment of absolute total stockholder return ("TSR") metrics by the Company. The remaining twenty-five percent (25%) of the PVRSUs were eligible to vest over a three year period ended March 9, 2025 based on the Company's TSR relative to the TSR of a select group of twenty-three (23) peer REITs over the same three year performance period.