KATZ A. AKIVA bought VRE

December 29, 2023 · Form 4 insider transaction

KATZ A. AKIVA bought 1,726.8 shares of Veris Residential, Inc. at $15.73 per share, a transaction worth $27.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,726.8
Price
$15.73
Total value
$27.2K
RoleDirector
SecurityPhantom Stock Units
Transaction codeA: Grant or award
Transaction dateDecember 29, 2023
Filing dateJanuary 3, 2024
Shares owned after12,662
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The phantom stock units convert to common stock on a one-for-one basis.; The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors.; The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc.

View the original Form 4 on SEC EDGAR