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Form SC 13D/A VECTOR GROUP LTD Filed by: FROST PHILLIP MD ET AL

February 4, 2015 6:11 AM EST

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13D/A

INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT TO � 240.13d-1(a)

AND AMENDMENTS THERETO FILED PURSUANT TO � 240.13d-2(a)

(Amendment No. 6)*

VECTOR GROUP LTD.

(Name of Issuer)

Common Stock, par value $0.10 per share

(Title of Class of Securities)

92240M108

(CUSIP Number)

Steven D. Rubin

4400 Biscayne Boulevard, Suite�1500

Miami, Florida 33137

Telephone: (305)�575-6015

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February�3, 2015

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule�13G to report the acquisition which is the subject of this Schedule�13D, and is filing this schedule because of� �� 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box .

Note. Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See � 240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person�s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be �filed� for purpose of Section�18 of the Securities Exchange Act of 1934 (�Act�) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP�No. 92240M108 2

��1

NAMES OF REPORTING PERSONS

Phillip Frost, M.D.

��2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)����������(b)��

��3

SEC USE ONLY

��4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

OO

��5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

��6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

NUMBER�OF

SHARES

BENEFICIALLY

OWNED�BY

EACH

REPORTING

PERSON

WITH

�� ��7� ��

SOLE VOTING POWER

0

�� ��8 ��

SHARED VOTING POWER

17,883,559 1

�� ��9 ��

SOLE DISPOSITIVE POWER

0

�� 10 ��

SHARED DISPOSITIVE POWER

17,883,559 1

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

17,883,559 1

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

15.3%2

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

1 Includes 13,415,056 Common Shares of the Issuer held by the Gamma Trust (as defined herein), 4,455,104 Common Shares held by Nevada Trust (as defined herein) and 13,399 Common Shares held by Mrs. Frost (as defined herein).
2 The calculation of the percentage is based on (i) 114,500,921 shares as reported in the Issuer�s Current Report on Form 8-K, dated November 14, 2014, filed with the Securities and Exchange Commission on November 17, 2014 and (ii) 2,227,552 Common Shares issued upon the conversion of the 6.75% Note held by Nevada Trust on February 3, 2015.


CUSIP�No. 92240M108 3

��1

NAMES OF REPORTING PERSONS

Frost Gamma Investments Trust

��2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)����������(b)��

��3

SEC USE ONLY

��4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

WC

��5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

��6

CITIZENSHIP OR PLACE OF ORGANIZATION

Florida

NUMBER�OF

SHARES

BENEFICIALLY

OWNED�BY

EACH

REPORTING

PERSON

WITH

�� ��7� ��

SOLE VOTING POWER

0

�� ��8 ��

SHARED VOTING POWER

13,415,056

�� ��9 ��

SOLE DISPOSITIVE POWER

0

�� 10 ��

SHARED DISPOSITIVE POWER

13,415,056

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

13,415,056

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

11.5%3

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

3 The calculation of the percentage is based on 114,500,921 shares as reported in the Issuer�s Current Report on Form 8-K, dated November�14, 2014, filed with the Securities and Exchange Commission on November�17, 2014 and (ii)�2,227,552 Common Shares issued upon the conversion of the 6.75% Note held by Nevada Trust on February�3, 2015.


CUSIP�No. 92240M108 4

��1

NAMES OF REPORTING PERSONS

Frost Nevada Investments Trust

��2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)����������(b)��

��3

SEC USE ONLY

��4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

WC

��5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

��6

CITIZENSHIP OR PLACE OF ORGANIZATION

Florida

NUMBER�OF

SHARES

BENEFICIALLY

OWNED�BY

EACH

REPORTING

PERSON

WITH

�� ��7� ��

SOLE VOTING POWER

0

�� ��8 ��

SHARED VOTING POWER

4,455,104

�� ��9 ��

SOLE DISPOSITIVE POWER

0

�� 10 ��

SHARED DISPOSITIVE POWER

4,455,104

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,455,104

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

3.8%4

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

4 The calculation of the percentage is based on 114,500,921 shares as reported in the Issuer�s Form 8-K, dated November�14, 2014, filed with the Securities and Exchange Commission on November�17, 2014 and (ii)�2,227,552 Common Shares issued upon the conversion of the 6.75% Note held by Nevada Trust on February�3, 2015.


CUSIP�No. 92240M108 5

��1

NAMES OF REPORTING PERSONS

Patricia Frost

��2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)����������(b)��

��3

SEC USE ONLY

��4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

OO

��5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

��6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

NUMBER�OF

SHARES

BENEFICIALLY

OWNED�BY

EACH

REPORTING

PERSON

WITH

�� ��7� ��

SOLE VOTING POWER

0

�� ��8 ��

SHARED VOTING POWER

13,399 5

�� ��9 ��

SOLE DISPOSITIVE POWER

0

�� 10 ��

SHARED DISPOSITIVE POWER

13,399 5

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

13,3995

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.01%6

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

5 These shares are owned by Mrs.�Frost, the spouse of Frost (as defined herein). Frost disclaims beneficial ownership of these shares.
6 The calculation of the percentage is based on 114,500,921 shares as reported in the Issuer�s Current Report on Form 8-K, dated November�14, 2014, filed with the Securities and Exchange Commission on November�17, 2014 and (ii)�2,227,552 Common Shares issued upon the conversion of the 6.75% Note held by Nevada Trust on February�3, 2015.


SCHEDULE 13D/A

AMENDMENT NO. 6 TO SCHEDULE 13D

This Amendment No.�6 to Schedule�13D (this �Fifth Amendment�) amends and supplements certain Items of the Schedule�13D filed by Phillip Frost, M.D., an individual (�Frost�), and Frost Gamma Investments Trust, a trust organized under the laws of Florida (the �Gamma Trust�), with the Securities and Exchange Commission (the �SEC�) on July�20, 2006, as amended by Amendment No.�1 thereto filed by Frost, the Gamma Trust, Frost Nevada Investments Trust, a trust organized under the laws of Florida (the �Nevada Trust�), and Patricia Frost (�Mrs.�Frost�) with the SEC on March�24, 2009 and as further amended by Amendment No.�2 thereto filed by Frost, the Gamma Trust, the Nevada Trust and Mrs.�Frost with the SEC on May�15, 2009, as further amended by Amendment No.�3 thereto filed by Frost, the Gamma Trust, the Nevada Trust and Mrs.�Frost with the SEC on November�25, 2011, as further amended by Amendment No.�4 thereto filed by Frost, the Gamma Trust, the Nevada Trust and Mrs.�Frost with the SEC on April�3, 2014, as further amended by Amendment No.�5 thereto filed by Frost, the Gamma Trust, the Nevada Trust and Mrs.�Frost with the SEC on November�17, 2014 (together, the �Original 13D�) with respect to the common stock, par value $0.10 per share (the �Common Shares�), of Vector Group Ltd., a Delaware corporation (the �Issuer�), (together, the �Original 13D�),by furnishing the information set forth below. Except as set forth below, all previous Items are unchanged. Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Original 13D.

All information in this Amendment to the Schedule 13D concerning the Common Shares has been adjusted to give effect to the annual 5% stock dividends paid to stockholders of the Company since 1999.

Item�4. Purpose of Transaction

Item�4 is hereby amended by adding thereto the following:

On February�3, 2015, Nevada Trust converted $25,000,000 of the Issuer�s 6.75% Notes due 2015 held by it into 2,227,552 common shares of the Issuer.

Item�5. Interest in Securities of the Issuer

(a)-(b)�Items 5(a) and 5(b) are hereby deleted in their entirety and replaced with the following:

6


The Reporting Persons may be deemed to beneficially own Common Shares as follows:

Name

�� Number of
Common�Shares
Sole�or�Shared
Voting
Sole�or�Shared
Dispositive
%�of�Total
Outstanding

Phillip Frost, M.D.

�� 17,883,559� 7 Shared� 7�8�10�11 Shared �7�8�10�11 15.3 %9

Frost Gamma Investments Trust

�� 13,415,056 �� Shared� 8 Shared �8 11.5 %9

Frost Nevada Investments Trust

�� 4,455,104 �� Shared� 10 Shared� 10 3.8 %9

Patricia Frost

�� 13,399 �11 Shared� 11 Shared �11 0.01 %9

(c)�The only transactions effectuated within the past 60 days in the Common Shares are set forth in Item�4 hereof.

Item�6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Item�6 is hereby amended to add the following:

On February�3, 2015, Nevada Trust converted $25,000,000 of the Issuer�s 6.75% Notes due 2015 held by it into 2,227,552 common shares of the Issuer.

7 Includes 13,415,056 Common Shares held by the Gamma Trust, 4,455,104 Common Shares held by the Nevada Trust and 13,399 Common Shares held by Mrs. Frost.
8 Frost is the sole trustee of the Gamma Trust and may be deemed to share beneficial ownership of the securities held by the Gamma Trust with the Gamma Trust. Frost Gamma Limited Partnership is the sole and exclusive beneficiary of the Gamma Trust. Frost is one of two limited partners of Frost Gamma Limited Partnership. The general partner of Frost Gamma Limited Partnership is Frost Gamma, Inc. and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. Frost is also the sole shareholder of Frost-Nevada Corporation.
9 The calculation of the percentage is based on (i) 114,500,921 shares as reported in the Issuer�s Current Report on Form 8-K, dated November 14, 2014, filed with the Securities and Exchange Commission on November 17, 2014, and (ii) On February 3, 2015, Nevada Trust converted $25,000,000 of the Issuer�s 6.75% Notes due 2015 held by it into 2,227,552 common shares of the Issuer.
10 Frost is the sole trustee of the Nevada Trust and may be deemed to share beneficial ownership of the securities held by the Nevada Trust with the Nevada Trust. Frost-Nevada Limited Partnership is the sole and exclusive beneficiary of the Nevada Trust. Frost is one of five limited partners of Frost-Nevada Limited Partnership and the sole shareholder of Frost-Nevada Corporation, the sole general partner of Frost-Nevada Limited Partnership.
11 Common Shares held of record by Mrs. Frost. Frost disclaims beneficial ownership of these shares.

7


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February�3, 2015

/s/ Phillip Frost, M.D.

Phillip Frost, M.D.
FROST GAMMA INVESTMENTS TRUST
By:

/s/ Phillip Frost, M.D.

Name:�Phillip Frost, M.D.
Title:�Trustee
FROST NEVADA INVESTMENTS TRUST
By:

/s/ Phillip Frost, M.D.

Name:�Phillip Frost, M.D.
Title:�Trustee

/s/ Patricia Frost

Patricia Frost

8



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