Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 94

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 94
---
 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 $104,353; (iv) vesting of 7,938 OPRSUs that were earned as of December 31, 2024 as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, based on actual performance, valued at $132,009; (v) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $4,869; and (vi) the continuation of health insurance coverage for a period of 18 months, valued at approximately $58,393.

12) Amount includes (i) immediate vesting of 42,080 RSUs subject to time-based vesting valued at $699,790; and (ii) eligible for vesting of 6,275 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 $104,353; (iv) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $4,869; and (v) vesting of 7,938 OPRSUs that were earned as of December 31, 2024, as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, based on actual performance, valued at $132,009.

13) Amount includes (i) an aggregate severance payment of $1,600,000; (ii) immediate vesting of 42,080 RSUs subject to time-based vesting valued at $699,790; (iii) immediate vesting of 59,168 PSUs subject to performance-based vesting valued at $983,967 and based on actual performance of all PSUs measured as of December 31, 2024 in connection with a termination upon a change in control; (iv) vesting of 8,455 OPRSUs that were earned as of December 31, 2024 based on actual performance, valued at $140,607; (v) accumulated dividends due upon