Form 4 for DOUG Douglas Elliman Inc.
Accepted 2022-07-06 00:00:00 ET · period of report 2022-07-01 · accession 0000899243-22-025430 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-07-06 | 2022-07-01 | DOUG | LORBER HOWARD M | COB, Pres, CEO, Dir | A - Grant | $0.00 | +54.4K | 2.78M | +2% | $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 | 2022-07-01 | A | A | 54,416 | $0.00 | 2,776,341 | D | — | — | (F1) Represents 54,416 shares of Issuer Common Stock acquired by the Reporting Person as a result of the performance-based vesting on July 1, 2022 of shares of common stock of Vector Group Ltd. ("Vector") held by the Reporting Person (the "Award"). Vector originally distributed shares of Issuer Common Stock, including shares of certain equity awards granted to Vector's officers and other employees, to holders of its common stock on December 29, 2021 in a transaction exempt under Rules 16a-9 and 16b-3 under the Securities Exchange Act of 1934, as amended (the "Distribution"). Shares of Issuer Common Stock issuable to the Reporting Person upon vesting of the Award were not distributed on December 29, 2021 but became issuable to the Reporting Person on July 1, 2022 upon the vesting of the Award. (F2) (Continued from Footnote 1) The Reporting Person's tax obligations arising from the issuance of Issuer Common Stock upon the vesting of the Award were satisfied by reducing the number of shares of Issuer Common Stock that would otherwise have been distributed to the Reporting Person by 49,770 shares. |