Ballard James D bought VGR
February 28, 2024 · Form 4 insider transaction
Ballard James D bought 10,000 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.
Footnotes
On February 28, 2024, the Issuer awarded the Reporting Person a restricted stock grant of 10,000 shares of the Issuer's Common Stock pursuant to the Issuer's 2023 Management Incentive Plan (the "2023 Plan"). The restricted shares vest in four equal annual installments on February 28, 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 a qualifying termination in connection with a change-of-control, as defined in the 2023 Plan, which is applied on double-trigger basis.