TURKANIS JEFFREY SCOTT 4

4 · Veris Residential, Inc. · Filed Mar 12, 2025

Form 4

Period: 2025-03-10

EVP & CHIEF INVESTMENT OFFICER

Transactions

Exercise/Conversion
Common Stock, $0.01 par value
2025-03-10+6,528→ 117,442 total
Exercise/Conversion
Performance Vesting Restricted Stock Units
2025-03-10−20,679→ 0 total
Exercise: $0.00→ Common Stock, $0.01 par value (20,679 underlying)
Tax Payment
Common Stock, $0.01 par value
2025-03-10$16.57/sh−1,915$31,741→ 115,527 total

Footnotes (3)

[F1]On March 10, 2025, the reporting person vested in 6,528 performance vesting restricted stock units and (each, a "PVRSU") and forfeited 14,151 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.

Documents

1 file