VECTOR GROUP LTD 4
4 · VECTOR GROUP LTD · Filed Nov 5, 2014
Insider Transaction Report
Form 4
BERNSTEIN RONALD J
DirectorPresident Subsidiary
Transactions
- Exercise/Conversion
Employee stock option (right to buy)
2014-11-05$11.44/sh−30,363$347,353→ 66,595 totalExercise: $11.44From: 2009-12-31Exp: 2016-08-16→ Common stock (30,363 underlying) - Exercise/Conversion
Common Stock
2014-11-05$11.44/sh+65,000$743,600→ 142,562 total - Sale
Common Stock
2014-11-05$21.84/sh−65,000$1,419,600→ 77,562 total - Exercise/Conversion
Employee stock option (right to buy)
2014-11-05$11.44/sh−34,637$396,247→ 96,958 totalExercise: $11.44From: 2008-12-31Exp: 2016-08-16→ Common stock (34,637 underlying)
Footnotes (2)
- [F1]All information presented is adjusted for Vector Group Ltd.'s 5% stock dividend payable to stockholders of record on September 15, 2014.
- [F2]Represents the weighted average sales price for price increments ranging from $21.65 to $22.21. The Reporting Person undertakes to provide, upon request for the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of nonderivative securities sold at each separate price for all transactions reported on this Form 4.