SEC Form 4 · accession 0000899243-16-015843
VECTOR GROUP LTD · VGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard M Lorber
Officer — President and CEO · Director
Period of report
Mar 11, 2016
Accepted (ET)
Mar 11, 2016 · 9:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000059440
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 11, 2016 | S | 225,284 | $23.27 | D | 2,460,148 | I | By: Lorber Alpha II Limited Partnership |
| Common StockF1,F2,F4 | Mar 11, 2016 | S | 274,716 | $23.27 | D | 69,919 | I | By: Lorber Gamma Limited Partnership |
| Common StockF2 | holding | — | — | — | 701,587 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average sales price for price increments ranging from $23.27 to $23.47. The Reporting Person undertakes to provide, upon request of the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of non-derivative securities sold at each separate price for all transactions reported on this Form 4.
- F2Adjusted for the Issuer's 5% stock dividend paid to stockholders on September 29, 2015.
- F3Lorber Alpha II, Inc., a Nevada corporation, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person is a director, officer and controlling stockholder of Lorber Alpha II, Inc.
- F4Lorber Gamma, Inc., a Nevada corporation, is the general partner of Lorber Gamma Limited Partnership, a Nevada limited partnership. The reporting person is a director, officer and controlling stockholder of Lorber Gamma, Inc.
Remarks
Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 4 dated November 12, 2014.)