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