Form 4 for DOUG Douglas Elliman Inc.
Accepted 2022-01-03 00:00:00 ET · period of report 2021-12-29 · accession 0000899243-22-000237 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-01-03 | 2021-12-29 | DOUG | VECTOR GROUP LTD | 10% | J - Other | $0.00 | -1,000 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-29 | J | A | 77,719,631 | $0.00 | 77,720,631 | D | — | — | (F2) On December 29, 2021, New Valley made a distribution to its sole stockholder, Vector, of all of the outstanding shares of Common Stock of Douglas Elliman. Immediately thereafter, Vector distributed all of the outstanding shares of Common Stock to the holders of record of Vector common stock (including Vector common stock underlying outstanding stock option awards and restricted stock awards) as of December 20, 2021 in a transaction exempt under Rules 16a-9 and 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). As a result of the Distribution, Vector and New Valley no longer beneficially own any shares of Douglas Elliman and consequently neither are subject to the requirements of Section 16 of the Exchange Act with respect to Douglas Elliman. |
| 2 | Common | Common Stock | 2021-12-29 | J | D | 77,720,631 | $0.00 | 0 | D | — | — |