0000059440-16-000134.txt : 20161209 0000059440-16-000134.hdr.sgml : 20161209 20161209164025 ACCESSION NUMBER: 0000059440-16-000134 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161208 ITEM INFORMATION: Other Events FILED AS OF DATE: 20161209 DATE AS OF CHANGE: 20161209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VECTOR GROUP LTD CENTRAL INDEX KEY: 0000059440 STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111] IRS NUMBER: 650949535 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05759 FILM NUMBER: 162044489 BUSINESS ADDRESS: STREET 1: 4400 BISCAYNE BOULEVARD STREET 2: 10TH FLOOR CITY: MIAMI STATE: FL ZIP: 33137 BUSINESS PHONE: 3055798000 MAIL ADDRESS: STREET 1: 4400 BISCAYNE BOULEVARD STREET 2: 10TH FLOOR CITY: MIAMI STATE: FL ZIP: 33137 FORMER COMPANY: FORMER CONFORMED NAME: BROOKE GROUP LTD DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LIGGETT GROUP INC DATE OF NAME CHANGE: 19900815 FORMER COMPANY: FORMER CONFORMED NAME: LIGGETT & MYERS INC DATE OF NAME CHANGE: 19760602 8-K 1 a8-kxlebow10b5x1plan.htm 8-K Document



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date earliest event reported):
 
December 8, 2016
    
VECTOR GROUP LTD.
(Exact Name of Registrant as Specified in Its Charter)

DELAWARE
(State or Other Jurisdiction of Incorporation)
 
 
 
1-5759
 
65-0949535
(Commission File Number)
 
(IRS Employer Identification Number)
 
4400 Biscayne Boulevard, Miami, Florida
(Address of Principal Executive Offices)
 
33137
(Zip Code)
 
 
 
Registrant’s Telephone Number, Including Area Code:  (305) 579-8000
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
 
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01 Other Events

Bennett S. LeBow, Chairman of the Board of Directors of Vector Group Ltd. (the "Company"), has informed the Company that he entered into a Rule 10b5-1 plan (the “Plan”) on December 8, 2016.

Under the Plan, he will gradually sell a portion of his Company common stock from January 3, 2017 until April 12, 2017. The Plan directs his broker to sell up to 100,000 shares per week. The shares to be sold are held by LeBow Gamma Limited Partnership, an entity controlled by Mr. LeBow. Pursuant to the Plan, up to 1,500,000 shares can be sold. As reported in Mr. LeBow's most recent Schedule 13D, Mr. LeBow currently beneficially owns 8,914,581 shares of the Company's common stock adjusted for the Company's 5% stock dividend, which was paid on September 29, 2016 to stockholders of record as of September 21, 2016. The Company has been advised that Mr. LeBow entered into the Plan in connection with personal estate planning and in order to diversify his personal holdings.

Mr. LeBow will report transactions effected under the Plan through Form 144 and Form 4 filings made with the Securities and Exchange Commission, as appropriate.

The Plan is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and with Vector's Equity Retention and Hedging Policy and Stock Ownership Guidelines as well as compliance with Federal Securities Laws.





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
 
 
VECTOR GROUP LTD.
 
 
 
By:
/s/ J. Bryant Kirkland III
 
 
J. Bryant Kirkland
 
 
Sr. Vice President, Treasurer and Chief Financial Officer 

Date: December 9, 2016