Douglas Elliman Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

VECTOR GROUP LTD

(Last)

(First)

(Middle)

4400 BISCAYNE BLVD.; 10TH FLOOR

(Street)

MIAMI

33137

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/16/2021

3. Issuer Name and Ticker or Trading Symbol
Douglas Elliman Inc. [ DOUG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
See Remarks

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,000	I⁽¹⁾	By Subsidiary⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

1. Name and Address of Reporting Person^*

VECTOR GROUP LTD

(Last)

(First)

(Middle)

4400 BISCAYNE BLVD.; 10TH FLOOR

(Street)

MIAMI

33137

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

NEW VALLEY CORP

(Last)

(First)

(Middle)

4400 BISCAYNE BLVD.; 10TH FLOOR

(Street)

MIAMI

33137

(City)

(State)

(Zip)

Explanation of Responses:

1. These shares of common stock of the issuer, which represent all of the issuer's authorized and outstanding common stock, are owned directly by New Valley LLC (f/k/a New Valley Corp.), a direct wholly owned subsidiary of Vector Group Ltd. ("Vector") .

Remarks:

This Form 3 is being filed in connection with the Securities and Exchange Commission's declaration of effectiveness of the Registration Statement on Form S-1 of Douglas Elliman Inc. ("Douglas Elliman"), which describes the planned distribution by Vector of all of the common stock of Douglas Elliman. New Valley LLC was previously organized as a Delaware corporation under the name New Valley Corp., and this former name is listed above. Concurrently with this filing, a name change request is being made with the Securities and Exchange Commission to reflect this entity's current name, adopted in connection with it becoming a Delaware limited liability company, New Valley LLC.

	/s/ J. Bryant Kirkland III, Senior Vice President, Treasurer and CFO of Vector Group Ltd.	12/21/2021
	/s/ J. Bryant Kirkland III, Senior Vice President, Treasurer and CFO of New Valley LLC (f/k/a New Valley Corp.)	12/21/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Douglas Elliman (DOUG) Form 3Initial statement of insider ownership