Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 92

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 92
---
.30 per option, based on the spread between the closing price of the Common Stock as reported on the NYSE on December 31, 2024 ($16.63) and the exercise price of the options ($16.33); (iii) immediate vesting of 16,400 RSUs subject to time-based vesting, as adjusted on a pro rata basis for

<div align='center'>49</div>

the term of service relative to the three-year vesting term of the award, valued at $272,732; (iv) immediate vesting of 6,506 RSUs subject to time-based vesting (granted as an inducement award) valued at $108,195; (v) eligible for vesting of 8,525 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 $141,771; (vi) vesting of 13,947 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 $231,939; (vii) accumulated dividends due upon the vesting of the aforementioned PSUs and OPRSUs, valued at $7,926; and (viii) the continuation of health insurance coverage for a period of 18 months, valued at approximately $58,393.

9) Amount includes (i) immediate vesting of 83,334 options valued at $25,000, or $0.30 per option, based on the spread between the closing price of the Common Stock as reported on the NYSE on December 31, 2024 ($16.63) and the exercise price of the options ($16.33); (ii) immediate vesting of 44,581 RSUs subject to time-based vesting valued at $741,386; (iii) immediate vesting of 6,506 RSUs subject to time-based vesting (granted as an inducement award), valued at $108,195; (iv) eligible for vesting of 8,525 PSUs subject to performance-based vesting, as adjusted on a pro rata basis for the term of service relative to the three-year vest