Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 95

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 95
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 the vesting of the aforementioned PSUs and OPRSUs, valued at $21,879; and (vi) the continuation of health insurance coverage for a period of 18 months, valued at approximately $58,393.

14) Amount includes (i) an aggregate severance payment of $1,200,000; (ii) immediate vesting of 17,279 RSUs subject to time-based vesting, as adjusted on a pro rata basis for the term of service relative to the three-year vesting term of the award, valued at $287,350; (iii) immediate vesting of 4,899 RSUs subject to time-based vesting (granted as an inducement award) valued at $81,470; (iv) eligible for vesting of 9,432 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 $156,854; (v) vesting of 15,620 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 $259,761; (vi) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $8,846; and (vii) the continuation of health insurance coverage for a period of 18 months, valued at approximately $58,393.

15) Amount includes (i) immediate vesting of 46,893 RSUs subject to time-based vesting valued at $779,832; (ii) immediate vesting of 4,899 RSUs subject to time-based vesting (granted as an inducement award) valued at $81,470; (iii) eligible for vesting of 9,432 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 $156,854; (v) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $8,846; and (vi