Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 89

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 89
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 |     |                    |  2,052,674 |     | -14 |     |                 | 1,286,763 |     | -15 |     |                                                                                                                                       |  4,096,567 |     | -16 |
| Executive Vice President, General Counsel and Corporate Secretary |     |                    |            |     |     |     |                 |           |     |     |     |                                                                                                                                       |            |     |     |

1) The terms “cause,” “good reason,” “disability” and “change in control” have the meanings ascribed to such terms in the applicable employment agreements of each named executive officer.

2) Amount includes (i) an aggregate severance payment of $5,924,491; (ii) immediate vesting of 279,073 RSUs subject to time-based vesting valued at $4,640,984; (iii) eligible for vesting of 60,439 PSUs subject to performance-based vesting, as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, and based on actual performance of all PSUs measured as of December 31, 2024, valued at $1,005,101; (iv) vesting of 105,842 OPRSUs that were earned as of December 31, 2024 based on actual performance, as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, valued at $1,760,152, (v) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $58,822; and (vi) the continuation of health insurance coverage for a period of 18 months, valued at approximately $50,849.

3) Amount includes (i) immediate vesting of 279,073 RSUs subject to time-based vesting valued at $4,640,984; (ii) eligible for vesting of 60,439 PSUs subject to performance-based vesting, as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, and based on actual performance of all PSUs measured as of December 31, 2024, valued at $1,005,101; (iii) vesting of 105,842 OPRSUs that were earned as of December 31, 2024 based on actual performance, as