Filing Details

Accession Number:
0000950170-24-129385
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-20 17:00:18
Reporting Period:
2024-11-18
Accepted Time:
2024-11-20 17:00:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1878897 Douglas Elliman Inc. DOUG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1053471 M Howard Lorber C/O Douglas Elliman Inc.
4400 Biscayne Blvd; 10Th Floor
Miami FL 33137
See Remarks No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-11-18 1,081,414 $1.68 1,358,499 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,380,241 Indirect By: Lorber Alpha II Limited Partnership
Footnotes
  1. The reporting person's sale of Douglas Elliman common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 100,000 shares, with the reporting person's purchases of: (1) 15,238 shares of Douglas Elliman common stock at a weighted average price of $1.09 per share on July 8, 2024; (2) 82,067 shares of Douglas Elliman common stock at a weighted average price of $1.15 per share on July 9, 2024; and (3) 2,605 shares of Douglas Elliman common stock at a weighted average price of $1.23 per share on July 10, 2024. The reporting person has paid to Douglas Elliman $51,426.58, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
  2. Total amount reported reflects the cancellation of 2,965,625 unvested shares of Douglas Elliman common stock subject to vesting on October 21, 2024 in connection with the reporting person's cessation of employment with Douglas Elliman.
  3. Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.