James D. Ballard - Jul 10, 2022 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role: Officer
Signature: /s/ J. Bryant Kirkland III, Attorney in Fact
Stock symbol: VGR
Transactions as of: Jul 10, 2022
Transactions value $: -$19,901
Form type: 4
Date filed: 7/11/2022, 09:30 PM
Previous filing: Mar 3, 2022
Next filing: Dec 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VGR	Common Stock	Tax liability	-$19.9K	-1.97K	-2.8%	$10.12	68.3K	Jul 10, 2022	Direct	F1

* 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 payroll tax liabilities incident to the vesting of 5,000 shares of restricted stock, which were awarded to reporting person on July 10, 2020. The shares withheld were valued at $10.1175 per share, which represented the average of the low ($10.01) and high ($10.225) stock prices of the Issuer's Common Stock on July 8, 2022, the last trading day before the date of vesting, which was on a non-trading day (Sunday).

Content

Represents withholdings of shares as payment of the reporting person's payroll tax liabilities incident to the vesting of 5,000 shares of restricted stock, which were awarded to reporting person on July 10, 2020. The shares withheld were valued at $10.1175 per share, which represented the average of the low ($10.01) and high ($10.225) stock prices of the Issuer's Common Stock on July 8, 2022, the last trading day before the date of vesting, which was on a non-trading day (Sunday).

Remarks:

SVP - Enterprise Efficiency and CTO Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 3 dated July 10, 2020, which was filed on July 14, 2020.)