Taryn Fielder - 29 Apr 2025 Form 4 Insider Report for Veris Residential, Inc. (VRE)

Signature
/s/ Taryn Fielder
Issuer symbol
VRE
Transactions as of
29 Apr 2025
Transactions value $
-$157,839
Form type
4
Filing time
01 May 2025, 18:00:06 UTC
Previous filing
21 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRE Common Stock, $0.01 par value Options Exercise +17,489 +17.7% 116,323 29 Apr 2025 Direct F1
transaction VRE Common Stock, $0.01 par value Tax liability -$157,839 -10,274 -8.83% $15.36 106,049 29 Apr 2025 Direct F2

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 Outperformance Vesting Restricted Stock Units Options Exercise -17,489 -100% 0 29 Apr 2025 Common Stock, $0.01 par value 17,489 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 29, 2025, the reporting person vested in 17,489 outperformance vesting restricted stock units (each, an "OPVRSU") that vested based upon performance criteria achieved as of December 31, 2024. Each OPVRSU represented a contingent right to receive one share of the Company's Common Stock.
F2 Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units and OPVRSUs.
F3 Each OPVRSU was eligible to vest on April 29, 2025 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2024.