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Vector Group Ltd. – ‘10-Q’ for 3/31/23 – ‘EX-32.1’

On:  Tuesday, 5/9/23, at 5:13pm ET   ·   For:  3/31/23   ·   Accession #:  59440-23-12   ·   File #:  1-05759

Previous ‘10-Q’:  ‘10-Q’ on 11/2/22 for 9/30/22   ·   Next:  ‘10-Q’ on 8/4/23 for 6/30/23   ·   Latest:  ‘10-Q’ on 5/3/24 for 3/31/24   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 5/09/23  Vector Group Ltd.                 10-Q        3/31/23   89:11M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.05M 
 2: EX-4.1      Instrument Defining the Rights of Security Holders  HTML   1.44M 
 6: EX-99.1     Miscellaneous Exhibit                               HTML     79K 
 7: EX-99.2     Miscellaneous Exhibit                               HTML    152K 
 3: EX-31.1     Certification -- §302 - SOA'02                      HTML     29K 
 4: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 5: EX-32.1     Certification -- §906 - SOA'02                      HTML     28K 
13: R1          Cover                                               HTML     77K 
14: R2          Condensed Consolidated Balance Sheets               HTML    139K 
15: R3          Condensed Consolidated Balance Sheets               HTML     41K 
                (Parenthetical)                                                  
16: R4          Condensed Consolidated Statements of Operations     HTML     97K 
17: R5          Condensed Consolidated Statements of Operations     HTML     27K 
                (Parenthetical)                                                  
18: R6          Condensed Consolidated Statements of Comprehensive  HTML     84K 
                Income                                                           
19: R7          Condensed Consolidated Statements of Stockholders'  HTML     96K 
                Deficiency                                                       
20: R8          Condensed Consolidated Statements of Stockholders'  HTML     26K 
                Deficiency (Parenthetical)                                       
21: R9          Condensed Consolidated Statements of Cash Flows     HTML    128K 
22: R10         Summary of Significant Accounting Policies          HTML     94K 
23: R11         Revenue Recognition                                 HTML     38K 
24: R12         Inventories                                         HTML     41K 
25: R13         Investment Securities                               HTML    113K 
26: R14         New Valley LLC                                      HTML     75K 
27: R15         Notes Payable, Long-Term Debt and Other             HTML     72K 
                Obligations                                                      
28: R16         Contingencies                                       HTML    145K 
29: R17         Income Taxes                                        HTML     39K 
30: R18         Investments and Fair Value Measurements             HTML    139K 
31: R19         Segment Information                                 HTML     62K 
32: R20         Summary of Significant Accounting Policies          HTML     39K 
                (Policies)                                                       
33: R21         Summary of Significant Accounting Policies          HTML    100K 
                (Tables)                                                         
34: R22         Revenue Recognition (Tables)                        HTML     34K 
35: R23         Inventories (Tables)                                HTML     41K 
36: R24         Investment Securities (Tables)                      HTML    113K 
37: R25         New Valley LLC (Tables)                             HTML     67K 
38: R26         Notes Payable, Long-Term Debt and Other             HTML     66K 
                Obligations (Tables)                                             
39: R27         Contingencies (Tables)                              HTML     89K 
40: R28         Income Taxes (Tables)                               HTML     36K 
41: R29         Investments and Fair Value Measurements (Tables)    HTML    138K 
42: R30         Segment Information (Tables)                        HTML     59K 
43: R31         Summary of Significant Accounting Policies - Net    HTML     51K 
                Income for Purposes of Determining Basic and                     
                Diluted EPS (Details)                                            
44: R32         Summary of Significant Accounting Policies - Basic  HTML     33K 
                and Diluted Earnings Per Share (Details)                         
45: R33         Summary of Significant Accounting Policies -        HTML     31K 
                Antidilutive Securities Excluded from Earnings Per               
                Share (Details)                                                  
46: R34         Summary of Significant Accounting Policies -        HTML     34K 
                Schedule of Other, Net (Details)                                 
47: R35         Summary of Significant Accounting Policies - Other  HTML     34K 
                Assets (Details)                                                 
48: R36         Summary of Significant Accounting Policies - Other  HTML     41K 
                Current Liabilities (Details)                                    
49: R37         Summary of Significant Accounting Policies -        HTML     34K 
                Reconciliation of Cash, Cash Equivalents, and                    
                Restricted Cash (Details)                                        
50: R38         Summary of Significant Accounting Policies -        HTML     38K 
                Related Party Transactions (Details)                             
51: R39         Revenue Recognition - Disaggregation of Revenue     HTML     36K 
                (Details)                                                        
52: R40         Inventories - Schedule of Inventories (Details)     HTML     48K 
53: R41         Inventories - Narrative (Details)                   HTML     35K 
54: R42         Investment Securities - Schedule of Investment      HTML     51K 
                Securities (Details)                                             
55: R43         Investment Securities - Schedule of Net Gains       HTML     32K 
                (Losses) Recognized on Investment Securities                     
                (Details)                                                        
56: R44         Investment Securities - Components of Debt          HTML     37K 
                Securities Available for Sale (Details)                          
57: R45         Investment Securities - Maturity Dates of           HTML     51K 
                Marketable Debt Securities (Details)                             
58: R46         Investment Securities - Gross Realized Gains and    HTML     33K 
                Losses on Debt Securities Available for Sale                     
                (Details)                                                        
59: R47         Investment Securities - Schedule of Unrealized and  HTML     31K 
                Realized Net (Losses) and Gains Recognized                       
                (Details)                                                        
60: R48         Investment Securities - Narrative (Details)         HTML     43K 
61: R49         Investment Securities - Equity-Method Investments   HTML     30K 
                (Details)                                                        
62: R50         Investment Securities - Equity in (Losses)          HTML     31K 
                Earnings of Investments (Details)                                
63: R51         New Valley LLC - Investment in Real Estate          HTML     70K 
                Ventures (Details)                                               
64: R52         New Valley LLC - Narrative (Details)                HTML     53K 
65: R53         Notes Payable, Long-Term Debt and Other             HTML     54K 
                Obligations - Components of Debt (Details)                       
66: R54         Notes Payable, Long-Term Debt and Other             HTML     62K 
                Obligations - Senior Notes, Revolving Credit                     
                Facility, and Other (Details)                                    
67: R55         Notes Payable, Long-Term Debt and Other             HTML     40K 
                Obligations - Schedule of Non-cash Interest                      
                Expense (Details)                                                
68: R56         Notes Payable, Long-Term Debt and Other             HTML     43K 
                Obligations - Fair Value of Notes Payable and Long               
                Term Debt (Details)                                              
69: R57         Contingencies - Overview and Bonds (Details)        HTML     34K 
70: R58         Contingencies - Individual Actions (Details)        HTML     47K 
71: R59         Contingencies - Cautionary Statement About Engle    HTML     37K 
                Progeny Cases (Details)                                          
72: R60         Contingencies - Engle Progeny Cases and             HTML     51K 
                Settlements (Details)                                            
73: R61         Contingencies - Judgments Paid in Engle Progeny     HTML     40K 
                Cases, Maryland Cases and Liggett Only Cases                     
                (Details)                                                        
74: R62         Contingencies - Class Actions and Health Care Cost  HTML     37K 
                Recovery Actions (Details)                                       
75: R63         Contingencies - MSA and Other State Settlement      HTML     62K 
                Agreements (Details)                                             
76: R64         Contingencies - Certain MSA Disputes (Details)      HTML     44K 
77: R65         Contingencies - Other State Settlements (Details)   HTML     54K 
78: R66         Contingencies - Schedule of Litigation Activity     HTML     69K 
                (Details)                                                        
79: R67         Contingencies - Other Matters (Details)             HTML     27K 
80: R68         Income Taxes (Details)                              HTML     35K 
81: R69         Investments and Fair Value Measurements - Fair      HTML    114K 
                Value Measurements (Details)                                     
82: R70         Investments and Fair Value Measurements -           HTML     39K 
                Nonrecurring Measurements (Details)                              
83: R71         Investments and Fair Value Measurements -           HTML     27K 
                Narrative (Details)                                              
84: R72         Segment Information (Details)                       HTML     60K 
87: XML         IDEA XML File -- Filing Summary                      XML    160K 
85: XML         XBRL Instance -- vgr-20230331_htm                    XML   2.54M 
86: EXCEL       IDEA Workbook of Financial Reports                  XLSX    149K 
 9: EX-101.CAL  XBRL Calculations -- vgr-20230331_cal                XML    256K 
10: EX-101.DEF  XBRL Definitions -- vgr-20230331_def                 XML    770K 
11: EX-101.LAB  XBRL Labels -- vgr-20230331_lab                      XML   1.67M 
12: EX-101.PRE  XBRL Presentations -- vgr-20230331_pre               XML   1.10M 
 8: EX-101.SCH  XBRL Schema -- vgr-20230331                          XSD    189K 
88: JSON        XBRL Instance as JSON Data -- MetaLinks              456±   711K 
89: ZIP         XBRL Zipped Folder -- 0000059440-23-000012-xbrl      Zip    695K 


‘EX-32.1’   —   Certification — §906 – SOA’02


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EXHIBIT 32.1


SECTION 1350 CERTIFICATIONS OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER


    In connection with the Quarterly Report of Vector Group Ltd. (the “Company”) on Form 10-Q for the quarter ended March 31, 2023 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Howard M. Lorber, as Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as amended; and

2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.




May 9, 2023
/s/ Howard M. Lorber
Howard M. Lorber
President and Chief Executive Officer

In connection with the Quarterly Report of Vector Group Ltd. (the “Company”) on Form 10-Q for the quarter ended March 31, 2023 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, J. Bryant Kirkland III, as Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as amended; and

2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.




May 9, 2023
/s/ J. Bryant Kirkland III
J. Bryant Kirkland III
Senior Vice President, Treasurer and Chief Financial Officer


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:5/9/238-K
For Period end:3/31/23
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/04/23  Vector Group Ltd.                 10-Q        6/30/23   89:10M


2 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/01/23  Vector Group Ltd.                 10-K/A     12/31/22   14:1.5M
 2/21/23  Vector Group Ltd.                 10-K       12/31/22  162:28M
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Filing Submission 0000059440-23-000012   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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