0000899243-16-033619.txt : 20161115
0000899243-16-033619.hdr.sgml : 20161115
20161115203046
ACCESSION NUMBER: 0000899243-16-033619
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161115
FILED AS OF DATE: 20161115
DATE AS OF CHANGE: 20161115
ISSUER:
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
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LORBER HOWARD M
CENTRAL INDEX KEY: 0001053471
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05759
FILM NUMBER: 162001186
MAIL ADDRESS:
STREET 1: 4400 BISCAYNE BLVD
STREET 2: 10TH FLOOR
CITY: MIAMI
STATE: FL
ZIP: 33137
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-11-15
0
0000059440
VECTOR GROUP LTD
VGR
0001053471
LORBER HOWARD M
C/O VECTOR GROUP LTD.
4400 BISCAYNE BLVD; 10TH FLOOR
MIAMI
FL
33137
1
1
0
0
President and CEO
Common Stock
2016-11-15
4
A
0
180000
0.00
A
916665
D
Common Stock
2016-11-15
4
F
0
100016
20.84
D
816649
D
Common Stock
2016-11-15
4
J
0
79984
0.00
D
736665
D
Common Stock
2016-11-15
4
J
0
79984
0.00
A
226834
I
By: Lorber Gamma Limited Partnership
Common Stock
2583153
I
By: Lorber Alpha II Limited Partnership
The Reporting Person received a restricted stock grant on November 10, 2015. The grant vests equally in seven equal installments on November 15, 2016, July 1, 2017, July 1, 2018, July 1, 2019, July 1, 2020, July 1, 2021 and July 1, 2022 based upon the Issuer achieving certain performance targets and the Reporting Person being continuously employed by Vector Group Ltd. This amount represents the second vesting.
All shares have been adjusted to reflect 5% stock dividend, which was paid by the Issuer on September 29, 2016.
Represents a transfer of shares from the Reporting Person to the Issuer as payment of the Reporting Person's tax liability incident to the vesting of shares of restricted stock, which were awarded on November 10, 2015, and vested on November 15, 2016.
Represents the average of the high $20.99 and low $20.69 stock prices of the Issuer's Common Stock on date of vesting.
Represents a transfer of shares from the Reporting Person to Lorber Gamma Limited Partnership.
Lorber Gamma LLC, a Delaware limited liability company, is the general partner of Lorber Gamma Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of the Lorber Gamma LLC and has voting and dispositive power with respect to such shares
Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of the Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.
/s/ J. Bryant Kirkland III, Attorney-In-Fact
2016-11-15