0000899243-17-017880.txt : 20170705
0000899243-17-017880.hdr.sgml : 20170705
20170705190140
ACCESSION NUMBER: 0000899243-17-017880
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170701
FILED AS OF DATE: 20170705
DATE AS OF CHANGE: 20170705
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: 17950284
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
2017-07-01
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
2017-07-01
4
A
0
345375
0.00
A
732040
D
Common Stock
2017-07-01
4
F
0
191967
21.36
D
540073
D
Common Stock
2583153
I
By: Lorber Alpha II Limited Partnership
The Reporting Person received restricted stock grants on July 23, 2014 (the "2014 Award") and November 10, 2015 (the "2015 Award"). The grants vest equally in seven equal installments with the 2014 Award vesting in installments of 165,375 shares on August 15, 2015, July 1, 2016, July 1, 2017, July 1, 2018, July 1, 2019, July 1, 2020 and July 1, 2021 and the 2015 Award vesting in installments of 180,000 on November 15, 2016, July 1, 2017, July 1, 2018, July 1, 2019, July 1, 2020, July 1, 2021 and July 1, 2022, in each case, based upon the Issuer achieving certain performance targets and the Reporting Person being continuously employed by Vector Group Ltd. This amount includes the third vesting of the 2014 Award and the second vesting of the 2015 Award.
Represents the average of the high ($21.22) and low ($21.50) stock prices of the Issuer's Common Stock on June 30, 2017, the last trading day before the date of vesting, which was on a non-trading day (Saturday).
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
2017-07-05