LORBER HOWARD M 4
4 · VECTOR GROUP LTD · Filed May 28, 2024
Insider Transaction Report
Form 4
LORBER HOWARD M
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2024-05-27$10.89/sh−26,281$286,331→ 2,863,701 total
Holdings
- 2,629,035(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]Represents withholdings of shares as payment of the reporting person's tax liabilities incident to the vesting of 62,500 shares of restricted stock, which were awarded to reporting person on May 27, 2020 and were previously reported at the time of the grant. The shares withheld were valued at $10.895 per share, which represented the average of the low ($10.80) and high ($10.99) stock prices of the Issuer's Common Stock on May 24, 2024, the last trading day before the date of vesting.
- [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.