TURKANIS JEFFREY SCOTT 4
4 · Veris Residential, Inc. · Filed May 1, 2025
Insider Transaction Report
Form 4
TURKANIS JEFFREY SCOTT
EVP & CHIEF INVESTMENT OFFICER
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2025-04-29+15,615→ 123,919 total - Tax Payment
Common Stock, $0.01 par value
2025-04-29$15.36/sh−9,853$151,372→ 114,066 total - Exercise/Conversion
Outperformance Vesting Restricted Stock Units
2025-04-29−15,615→ 0 totalExercise: $0.00→ Common Stock, $0.01 par value (15,615 underlying)
Footnotes (3)
- [F1]On April 29, 2025, the reporting person vested in 15,615 outperformance vesting restricted stock units (each, an "OPVRSU") that vested based upon performance criteria achieved as of December 31, 2024. Each OPVRSU represented a contingent right to receive one share of the Company's Common Stock.
- [F2]Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units and OPVRSUs.
- [F3]Each OPVRSU was eligible to vest on April 29, 2025 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2024.