Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Participants are always 100 percent vested in their pre-tax contributions and will begin vesting in any matching or profit sharing contributions made on their behalf after two years of service with the Company at a rate of 20 percent per year, becoming 100 percent vested after a total of six years of service with the Company.

Expenses for employee benefit plan

$ 27,000

$ 29,000

$ 53,000

$ 67,000

Shares granted

208,589

^[1]

Shares issued for accrued dividends

836

Period upon which stock units become payable following a triggering event

30 days

Minimum [Member]

Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]

Employer contribution vesting period

2 years

Maximum [Member]

Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]

Employer contribution vesting period

6 years

Messr Lefkowitz And Messr Thomas [Member]

Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]

Expenses for employee benefit plan

1,200,000

Messr Hersh [Member]

Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]

Amount of annual employer contribution to deferred retirement compensation

500,000

Deferred Retirement Compensation Units [Member]

Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]

Expenses for employee benefit plan

$ 142,000

$ 153,000

$ 1,300,000

$ 341,000

Shares granted

36,218

[1]

Includes 42,000 Performance Shares which were legally granted in 2013 for which the 2014 performance goals were set by the Committee on March 31, 2014. Also includes 87,734 shares which were additionally granted to two executive officers in connection with their departure affective March 31, 2014 and which vested on April 1, 2014.