Frederic Cumenal - 31 Mar 2025 Form 4 Insider Report for Veris Residential, Inc. (VRE)

Role
Director
Signature
/s/ Frederic Cumenal
Issuer symbol
VRE
Transactions as of
31 Mar 2025
Net transactions value
+$26,930
Form type
4
Filing time
02 Apr 2025, 18:05:04 UTC
Previous filing
03 Jan 2025
Next filing
13 Jun 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRE Phantom Stock Units Award $26,930 +1,592 +5.2% $16.92 32,086 31 Mar 2025 Common Stock, $0.01 par value 1,592 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The phantom stock units convert to common stock on a one-for-one basis.
F2 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.
F3 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.