-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TW5sL34HZY16qzPL5WJVdiBl/lpER7oT9GYCvekedCM4IA8TXM5cnvptdV/RwBwX
 ToyhnUWf3XkRGzXYc/EmVQ==

<SEC-DOCUMENT>0000928475-06-000171.txt : 20060619
<SEC-HEADER>0000928475-06-000171.hdr.sgml : 20060619
<ACCEPTANCE-DATETIME>20060619165145
ACCESSION NUMBER:		0000928475-06-000171
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060616
FILED AS OF DATE:		20060619
DATE AS OF CHANGE:		20060619

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:		100 S E SECOND ST
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33131
		BUSINESS PHONE:		3055798000

	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:			BARBERRY CORP.
		CENTRAL INDEX KEY:			0000860851
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05759
		FILM NUMBER:		06913273

	BUSINESS ADDRESS:	
		STREET 1:		445 HAMILTON AVENUE
		STREET 2:		SUITE 1210
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10601
		BUSINESS PHONE:		914-614-7000

	MAIL ADDRESS:	
		STREET 1:		445 HAMILTON AVENUE
		STREET 2:		SUITE 1210
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10601

	FORMER NAME:	
		FORMER CONFORMED NAME:	BARBERRY CORP /NY/
		DATE OF NAME CHANGE:	19990402

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ICAHN CARL C ET AL
		CENTRAL INDEX KEY:			0000921669
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05759
		FILM NUMBER:		06913274

	BUSINESS ADDRESS:	
		STREET 1:		C/O ICAHN ASSOCIATES CORP.
		STREET 2:		767 FIFTH AVE., SUITE 4700
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
		BUSINESS PHONE:		2127024300

	MAIL ADDRESS:	
		STREET 1:		C/O ICAHN ASSOCIATES CORP.
		STREET 2:		767 FIFTH AVE., SUITE 4700
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form461406_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-06-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000059440</issuerCik>
        <issuerName>VECTOR GROUP LTD</issuerName>
        <issuerTradingSymbol>VGR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000921669</rptOwnerCik>
            <rptOwnerName>ICAHN CARL C ET AL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ICAHN ASSOCIATES CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>767 FIFTH AVE., SUITE 4700</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10153</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000860851</rptOwnerCik>
            <rptOwnerName>BARBERRY CORP.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>445 HAMILTON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1210</rptOwnerStreet2>
            <rptOwnerCity>WHITE PLAINS</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock $0.10 par value (&quot;Shares&quot;)</value>
            </securityTitle>
            <transactionDate>
                <value>2006-06-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>938087</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10461279</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>PLEASE SEE FOOTNOTES</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2006-06-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>261913</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10723192</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>PLEASE SEE FOOTNOTES</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>6.25% Convertible Subordinated Notes dues 2008 (&quot;Notes&quot;)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>21.32</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-06-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>20000000</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>20000000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2001-06-29</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-07-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>938087</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>PLEASE SEE FOOTNOTES</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On June 7, 2006, Barberry Corp. (&quot;Barberry&quot;) entered into a Letter Agreement with Vector Group Ltd. (&quot;Vector&quot;), to
convert $20 million principal amount of the Notes into 938,087 Shares.  As an inducement for Barberry to convert Vector
agreed to issue to Barberry an additional 261,913 Shares.  The foregoing transactions were consummated on June 16,
2006.</footnote>
        <footnote id="F2">Barberry is the sole member of Hopper Investments LLC (&quot;Hopper&quot;), which is the general partner of High River Limited
Partnership (&quot;High River&quot;).  Buffalo Investors Corp. (&quot;Buffalo&quot;) is 100 percent owned by Starfire Holding Corporation
(&quot;Starfire&quot;).  Highcrest Investors Corp. (&quot;Highcrest&quot;) is approximately 99.34 percent owned by Buffalo.  ACF Industries
Holding Corp. (&quot;ACF Holding&quot;) is 100 percent owned by Highcrest.  All of the voting stock of Unicorn Associates
Corporation (&quot;Unicorn&quot;) is owned by ACF Holding.</footnote>
        <footnote id="F3">Arnos Corp. (&quot;Arnos&quot;) is 100 percent owned by Unicorn Associates Corporation (&quot;Unicorn&quot;).  Tortoise Corp. (&quot;Tortoise&quot;) is
100 percent owned by Arnos.  Reindeer Holding LLC (&quot;Reindeer Holding&quot;) is 100 percent owned by Tortoise.  Reindeer
Subsidiary LLC (&quot;Reindeer&quot;) is 100 percent owned by Reindeer Holding.  Each of Barberry, Starfire and Little Meadow
Corp. (&quot;Little Meadow&quot;) are 100 percent owned by Mr. Icahn.  As such, Mr. Icahn is in a position indirectly to determine
the investment and voting decisions made by all of the foregoing entities.</footnote>
        <footnote id="F4">Each of Barberry and Hopper, by virtue of their relationship to High River, may be deemed to indirectly beneficially own
(as that term is defined in Rule 13d-3 under the Act) the 8,290,092 Shares which High River owns.  Each of Barberry and
Hopper disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.</footnote>
        <footnote id="F5">Tortoise and Reindeer Holding, by virtue of their relationship to Reindeer, may be deemed to indirectly beneficially own
(as that term is defined in Rule 13d-3 under the Act) the 670,680 shares which Reindeer owns.  Each of Tortoise and
Reindeer Holding disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.</footnote>
        <footnote id="F6">Arnos, Unicorn, ACF Holding, Highcrest, Buffalo and Starfire, by virtue of their relationship to Tortoise and Reindeer, may
be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the 370 Shares which
Tortoise owns and the 670,680 Shares which Reindeer owns.  Each of Arnos, Unicorn, ACF Holding, Highcrest, Buffalo
and Starfire disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.</footnote>
        <footnote id="F7">Mr. Icahn, by virtue of his relationship to Barberry, Hopper, High River, Reindeer, Reindeer Holding, Tortoise, Arnos,
Unicorn, ACF Holding, Highcrest, Buffalo, Starfire and Little Meadow may be deemed to indirectly beneficially own (as
that term is defined in Rule 13d-3 under the Act) the 1,751,250 Shares which Barberry owns, the 8,290,092 Shares which
High River owns, the 670,680 Shares which Reindeer owns, the 370 Shares which Tortoise owns and the 10,800
Shares which Little Meadow owns.  Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their
pecuniary interest therein.  Gail Golden, the spouse of Mr. Icahn, directly beneficially owns 15,952 Shares.  Mr. Icahn
disclaims beneficial ownership of such Shares for all purposes.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>CARL C. ICAHN</signatureName>
        <signatureDate>2006-06-16</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BARBERRY CORP.</signatureName>
        <signatureDate>2006-06-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----