LORBER HOWARD M 4
4 · Douglas Elliman Inc. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
LORBER HOWARD M
DirectorChairman, President & CEO
Transactions
- Award
Common Stock
2024-02-29+1,325,000→ 5,305,538 total
Holdings
- 1,380,241(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]On February 29, 2024, the Issuer granted the Reporting Person a restricted stock award of 1,325,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in four equal annual installments commencing on December 15, 2024, subject to the Reporting Person's continued employment through each such vesting date or earlier vesting upon the Reporting Person's death or disability, termination of employment without cause or resignation for good reason or change-of-control.
- [F2]Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.