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Veris Residential, Inc.
VRE
Total Value
$0
Company Information
- Company Name
- Veris Residential, Inc.
- Ticker Symbol
- VRE
- CIK
- 0000924901
Insider Information
- Name
- KATZ A. AKIVA
- Role
- Insider
- Location
- NEW YORK, NY
Filing Details
- Filing Date
- May 27, 2026
- Transaction Date
- May 27, 2026
- Accession Number
- 0001815349-26-000005
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| May 27, 2026 | Common Stock, $0.01 par value | 45,663 | — | Disposition | — |
| May 27, 2026 | Common Stock, $0.01 par value | 5,195,930 | — | Disposition | — |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| May 27, 2026 | Derivative | 27,007.361 | — | Disposition | — |
Footnotes
- (F1)On May 27, 2026, pursuant to the Agreement and Plan of Merger, dated as of February 23, 2026 (the "Merger Agreement"), by and among the Veris Residential, Inc. (the "Issuer"), Veris Residential, L.P., AC Residential Acquisition LP ("Parent"), AC Residential REIT LLC ("Merger Sub I"), and AC Residential OP LP, the Issuer merged with and into Merger Sub I (the "Merger") and each share of the Issuer's common stock, par value $0.01 per share (the "Shares"), held by the reporting person was cancelled and converted into the right to receive an amount in cash equal to $19.00 (the "Merger Consideration"), without interest thereon and less applicable withholding taxes.
- (F2)The Reporting Person, solely by virtue of his position as Managing Partner of Bow Street LLC, which is the investment manager of certain private investment funds and separately managed accounts, including Bow Street Special Opportunities Fund XV, LP, may be deemed to beneficially own the reported shares of Common Stock of the Issuer for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.
- (F3)Pursuant to the terms and conditions of the Merger Agreement, on May 27, 2026 at the effective time of the Merger (the "Effective Time"), vested phantom stock units ("Phantom Stock Units") issued pursuant to the Issuer's deferred compensation plan for directors automatically were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of Shares underlying such Phantom Stock Units immediately prior to the Effective Time and (ii) the Merger Consideration, without interest thereon.