0000899243-22-025429.txt : 20220706
0000899243-22-025429.hdr.sgml : 20220706
20220706171510
ACCESSION NUMBER: 0000899243-22-025429
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220701
FILED AS OF DATE: 20220706
DATE AS OF CHANGE: 20220706
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: 221069690
MAIL ADDRESS:
STREET 1: 4400 BISCAYNE BLVD
STREET 2: 10TH FLOOR
CITY: MIAMI
STATE: FL
ZIP: 33137
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-07-01
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
2022-07-01
4
A
0
208372
0.00
A
2213069
D
Common Stock
2022-07-01
4
F
0
98260
10.44
D
2114809
D
Common Stock
2629035
I
By: Lorber Alpha II Limited Partnership
The Reporting Person received a restricted stock grant on November 10, 2015 (the "Award"). The grant vested equally in seven equal installments of 208,372 shares 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 includes the seventh and final vesting of the Award.
Represents withholdings of shares as payment of the reporting person's payroll tax liabilities incident to the vesting of shares of restricted stock associated with the Award. The shares withheld were valued at $10.44 per share, which represented the average of the low ($10.31) and high ($10.57) stock prices of the Issuer's Common Stock on July 1, 2022, the date of vesting.
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.
Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated November 12, 2014.)
/s/ J. Bryant Kirkland III, Attorney-In-Fact
2022-07-06