Fielder Taryn D. 4
4 · Veris Residential, Inc. · Filed Mar 12, 2025
Insider Transaction Report
Form 4
Fielder Taryn D.
EVP, GENERAL COUNSEL & SEC.
Transactions
- Tax Payment
Common Stock, $0.01 par value
2025-03-10$16.57/sh−2,200$36,465→ 105,302 total - Exercise/Conversion
Common Stock, $0.01 par value
2025-03-10+7,310→ 107,502 total - Exercise/Conversion
Performance Vesting Restricted Stock Units
2025-03-10−23,159→ 0 totalExercise: $0.00→ Common Stock, $0.01 par value (23,159 underlying)
Footnotes (3)
- [F1]On March 10, 2025, the reporting person vested in 7,310 performance vesting restricted stock units and (each, a "PVRSU") and forfeited 15,849 PVRSUs that did not vest at the end of the applicable three year performance period. Each PVRSU represented a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock") of Veris Residential, Inc. (the "Company').
- [F2]Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of PVRSUs.
- [F3]Seventy-five percent (75%) of the PVRSUs were eligible to vest over a three year period ended March 9, 2025 based on the attainment of absolute total stockholder return ("TSR") metrics by the Company. The remaining twenty-five percent (25%) of the PVRSUs were eligible to vest over a three year period ended March 9, 2025 based on the Company's TSR relative to the TSR of a select group of twenty-three (23) peer REITs over the same three year performance period.