February 13, 2024 · Form 4 insider transaction
LORBER HOWARD M bought 412,000 shares of Vector Group Ltd. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
On February 13, 2024, the Issuer awarded the Reporting Person a restricted stock grant of 412,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2023 Management Incentive Plan. The restricted shares vest in four equal annual installments on February 24, 2025, February 24, 2026, February 24, 2027 and February 24, 2028, provided the Reporting Person is then still an employee of the Issuer, subject to earlier vesting upon his death or disability, termination of employment without cause or resignation for good reason and change-of-control.