Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 82

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 82
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 in 2024: for Mr. Nia, $2,200,000; for Ms. Lombard, $350,000; for Mr. Turkanis, $325,000; for Ms. Malhari, $375,000; and for Ms. Fielder, $350,000. Similarly, the amounts listed in this column also include the following amounts in respect of RSUs awarded in 2024 that include an outperformance modifier which could increase the number of shares issuable under the award: for Mr. Nia, $2,200,000; for Ms. Lombard, $350,000; for Mr. Turkanis, $325,000; for Ms. Malhari, $375,000; and for Ms. Fielder, $350,000. Per SEC rules, the values of these RSUs are reported based on their grant date fair values, which reflect that the achievement of the outperformance goals was not considered probable on the grant date. The grant date value of the maximum number of RSUs that may be earned under these awards if the outperformance goals are achieved is: $4,400,000 for Mr. Nia; $700,000 for Ms. Lombard; $650,000 for Mr. Turkanis; $750,000 for Ms. Malhari; and $700,000 for Ms. Fielder.

(2) The 2024 annual cash incentive plan awards were paid on March 12, 2025 in respect of 2024 performance based on the achievement of the 2024 performance metrics. See “Compensation Discussion and Analysis — Components of Compensation in 2024 — Annual Cash Incentive Plan Compensation” above.

(3) Includes (a) annual vehicle allowances for Ms. Lombard, Mr. Turkanis, Ms. Malhari and Ms. Fielder in the amount of $15,600; (b) annual Company matching contributions to the 401(k) plans of Ms. Lombard, Mr. Turkanis, Ms. Malhari and Ms. Fielder in the amount of $10,350; (c) annual mobile phone allowances for Ms. Lombard, Mr. Turkanis, Ms. Malhari and Ms. Fielder in the amount of $780 and for Mr. Nia in the amount of $989 (d) reimbursement of medical insurance premiums for Mr. Nia in the amount of $14,125; (e) tax compliance costs for Mr