0000950170-24-020489.txt : 20240226 0000950170-24-020489.hdr.sgml : 20240226 20240226200031 ACCESSION NUMBER: 0000950170-24-020489 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240224 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BELL MARC N CENTRAL INDEX KEY: 0001195910 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05759 FILM NUMBER: 24681378 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] ORGANIZATION NAME: 04 Manufacturing 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 ownership.xml 4 X0508 4 2024-02-24 0000059440 VECTOR GROUP LTD VGR 0001195910 BELL MARC N C/O VECTOR GROUP LTD. 4400 BISCAYNE BLVD; 10TH FLOOR MIAMI FL 33137 false true false false See Remarks false Common stock 2024-02-24 4 A false 12500 0.00 A 400148 D Common stock 2024-02-24 4 F false 27545 11.1025 D 372603 D The Reporting Person received a performance-based restricted stock grant of 50,000 shares on February 15, 2023. The performance-based restricted stock grant vested, or will vest, in four installments on February 24 of each of the four calendar years subsequent to the grant date, based upon the Issuer achieving certain performance targets and the Reporting Person being continuously employed by Vector Group Ltd. The amount reported represents the first vesting of the award (12,500 shares). Represents withholdings of shares as payment of the reporting person's tax liabilities incident to the vesting of (a) the 12,500 shares of performance-based restricted stock referenced in footnote 1 and (b) 57,500 shares of restricted stock, which were awarded to reporting person on February 24, 2021 (20,000 shares), March 1, 2022 (25,000 shares) and February 15, 2023 (12,500 shares) and were previously reported at the time of the grant. The shares withheld were valued at $11.2025 per share, which represented the average of the low ($11.105) and high ($11.30) stock prices of the Issuer's Common Stock on February 23, 2024, the last trading day before the date of vesting. Senior Vice President/General Counsel /s/ Marc N. Bell 2024-02-26