Form 4 for VRTS VIRTUS INVESTMENT PARTNERS, INC.
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0000883237-22-000098 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-17 | 2022-03-15 | VRTS | HILLS WENDY J | EVP, CLO, GC, Sec | A - Grant | $0.00 | +1,032 | 6,111 | +20% | $0 | |
| 2022-03-17 | 2022-03-15 | VRTS | HILLS WENDY J | EVP, CLO, GC, Sec | F - Tax | $218.20 | -133 | 5,079 | -3% | -$29.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-15 | A | A | 1,032 | $0.00 | 6,111 | D | — | — | (F2) These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2022 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting. (F3) This number includes (i) 2,521 RSUs that are scheduled to vest on September 16, 2022, (ii) 884 RSUs that are scheduled to vest on March 13, 2023, (iii) 631 RSUs that are scheduled to vest on March 15, 2023, (iv) 631 RSUs that are scheduled to vest on March 15, 2024 and (v) 344 RSUs that are scheduled to vest on March 15, 2025. |
| 2 | Common | Common Stock | 2022-03-15 | F | D | 133 | $218.20 | 5,079 | D | — | — | (F1) Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs previously reported, and settled with shares by the reporting person. |