4//SEC Filing
ANSON NICHOLAS P 4
Accession 0000950170-24-020490
CIK 0000059440other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:00 PM ET
Size
7.4 KB
Accession
0000950170-24-020490
Insider Transaction Report
Form 4
ANSON NICHOLAS P
President Subsidiary
Transactions
- Award
Common Stock
2024-02-24+2,500→ 51,935 total - Tax Payment
Common Stock
2024-02-24$11.20/sh−5,707$63,933→ 46,228 total
Footnotes (2)
- [F1]The Reporting Person received a performance-based restricted stock grant of 10,000 shares on February 15, 2023. The performance-based restricted stock grant vested, or will vest, in four installments on February 24 of each of the four calendar years subsequent to the grant date, based upon the Issuer achieving certain performance targets and the Reporting Person being continuously employed by Vector Group Ltd. The amount reported represents the first vesting of the award (2,500 shares).
- [F2]Represents withholdings of shares as payment of the reporting person's tax liabilities incident to the vesting of (a) the 2,500 shares of performance-based restricted stock referenced in footnote 1 and (b) 10,000 shares of restricted stock, which were awarded to reporting person on February 24, 2021 (2,500 shares), March 1, 2022 (5,000 shares) and February 15, 2023 (2,500 shares) and were previously reported at the time of the grant. The shares withheld were valued at $11.2025 per share, which represented the average of the low ($11.105) and high ($11.30) stock prices of the Issuer's Common Stock on February 23, 2024, the last trading day before the date of vesting.
Documents
Issuer
VECTOR GROUP LTD
CIK 0000059440
Entity typeother
Related Parties
1- filerCIK 0001806058
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:00 PM ET
- Size
- 7.4 KB