Cumenal Frederic 4
4 · Veris Residential, Inc. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
Cumenal Frederic
Director
Transactions
- Award
Phantom Stock Units
2023-12-29$15.73/sh+1,644.849$25,873→ 23,859.989 totalExercise: $0.00→ Common Stock, $0.01 par value (1,644.849 underlying)
Footnotes (3)
- [F1]The phantom stock units convert to common stock on a one-for-one basis.
- [F2]The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors.
- [F3]The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc.