0001415889-23-005247.txt : 20230320 0001415889-23-005247.hdr.sgml : 20230320 20230320204821 ACCESSION NUMBER: 0001415889-23-005247 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230317 FILED AS OF DATE: 20230320 DATE AS OF CHANGE: 20230320 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Malhari Anna CENTRAL INDEX KEY: 0001867946 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13274 FILM NUMBER: 23747671 MAIL ADDRESS: STREET 1: HARBORSIDE 3, 210 HUDSON ST. STREET 2: SUITE 400 CITY: JERSEY CITY STATE: NJ ZIP: 07311 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 form4-03212023_120315.xml X0407 4 2023-03-17 0000924901 Veris Residential, Inc. VRE 0001867946 Malhari Anna C/O VERIS RESIDENTIAL, INC. HARBORSIDE 3, 210 HUDSON ST., STE. 400 JERSEY CITY NJ 07311 false true false false EVP & CHIEF OPERATING OFFICER 0 Time Vesting Restricted Stock Units 2023-03-17 4 A 0 20935 0 A 41051 D Performance Vesting Restricted Stock Units 0 2023-03-17 4 A 0 21414 0 A Common Stock, $0.01 par value 21414 21414 D Outperformance Vesting Restricted Stock Units 0 2023-03-17 4 A 0 20935 0 A Common Stock, $0.01 par value 20935 20935 D On March 17, 2023, 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 March 17, 2024. On March 17, 2023, 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. Fifty percent (50%) 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 fifty percent (50%) 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 March 17, 2023, 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 March 16, 2026 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, 2025. /s/ Anna Malhari 2023-03-20