0001415889-22-004526.txt : 20220503 0001415889-22-004526.hdr.sgml : 20220503 20220503160043 ACCESSION NUMBER: 0001415889-22-004526 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220429 FILED AS OF DATE: 20220503 DATE AS OF CHANGE: 20220503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TURKANIS JEFFREY SCOTT CENTRAL INDEX KEY: 0001921157 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13274 FILM NUMBER: 22886685 MAIL ADDRESS: STREET 1: 12 RICHARD ROAD CITY: MARBLEHEAD STATE: MA ZIP: 01945 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Veris Residential, Inc. CENTRAL INDEX KEY: 0000924901 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 223305147 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: HARBORSIDE 3 STREET 2: 210 HUDSON ST., STE. 400 CITY: JERSEY CITY STATE: NJ ZIP: 07311 BUSINESS PHONE: 7325901000 MAIL ADDRESS: STREET 1: HARBORSIDE 3 STREET 2: 210 HUDSON ST., STE. 400 CITY: JERSEY CITY STATE: NJ ZIP: 07311 FORMER COMPANY: FORMER CONFORMED NAME: MACK CALI REALTY CORP DATE OF NAME CHANGE: 19971224 FORMER COMPANY: FORMER CONFORMED NAME: CALI REALTY CORP /NEW/ DATE OF NAME CHANGE: 19960730 FORMER COMPANY: FORMER CONFORMED NAME: CALI REALTY L P DATE OF NAME CHANGE: 19941025 4 1 form4-05032022_010532.xml X0306 4 2022-04-29 0000924901 Veris Residential, Inc. VRE 0001921157 TURKANIS JEFFREY SCOTT C/O VERIS RESIDENTIAL, INC. HARBORSIDE 3, 210 HUDSON STREET JERSEY CITY NJ 07311 false true false false EVP & CHIEF INVESTMENT OFFICER Time Vesting Restricted Stock Units 2022-04-29 4 A 0 15615 0 A 41641 D Performance Vesting Restricted Stock Units 0 2022-04-29 4 A 0 18231 0 A Common Stock, $0.01 par value 18231 18231 D Outperformance Vesting Restricted Stock Unit 0 2022-04-29 4 A 0 15615 0 A Common Stock, $0.01 par value 15615 15615 D On April 29, 2022, the reporting person was granted time vesting restricted stock units (each, a "TVRSU"). Each TVRSU represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company"). The TVRSUs vest in three equal annual installments beginning April 29, 2023. On April 29, 2022, the reporting person was granted performance vesting restricted stock units (each, a "PVRSU"). Each PVRSU represents represents a contingent right to receive one share of Common Stock. Seventy-five percent (75%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining twenty-five percent (25%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of twenty-three (23) peer REITs over the same three year performance period. PVRSUs may vest between 0% and 160% of the "target" performance level (the number of shares listed herein). On April 29, 2022, the Company granted the reporting person outperformance vesting restricted stock units (each, a "OPVRSU"). Each OPVRSU represents represents a contingent right to receive one share of Common Stock. The OPVRSUs may vest on April 29, 2025 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2024. /s/ Jeffrey Scott Turkanis 2022-05-03