Richard Lampen - Feb 13, 2024 Form 4 Insider Report for VECTOR GROUP LTD (VGR)

Role
EVP/COO, Director
Signature
/s/ J. Bryant Kirkland III, Attorney In Fact
Stock symbol
VGR
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/15/2024, 07:01 PM
Previous filing
Dec 18, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGR Common stock Award $0 +120K +15.24% $0.00 908K Feb 13, 2024 Direct F1
holding VGR Common stock 6.18K Feb 13, 2024 By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 13, 2024, the Issuer awarded the Reporting Person a restricted stock grant of 120,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2023 Management Incentive Plan. The restricted shares vest in four equal annual installments on February 24, 2025, February 24, 2026, February 24, 2027 and February 24, 2028, provided the Reporting Person is then still an employee of the Issuer, subject to earlier vesting upon his death or disability, termination of employment without cause or resignation for good reason and change-of-control.
F2 The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 5 dated February 5, 2015.)