Form 4 for VRTS VIRTUS INVESTMENT PARTNERS, INC.
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0000883237-23-000039 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-17 | 2023-03-15 | VRTS | AYLWARD GEORGE R | CEO, Pres, Dir | A - Grant | $0.00 | +9,352 | 273.8K | +4% | $0 | |
| 2023-03-17 | 2023-03-15 | VRTS | AYLWARD GEORGE R | CEO, Pres, Dir | F - Tax | $171.08 | -2,019 | 271.8K | -0.7% | -$345.4K |
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 | 2023-03-15 | A | A | 9,352 | $0.00 | 273,842.52 | D | — | — | (F1) These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2023 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. |
| 2 | Common | Common Stock | 2023-03-15 | F | D | 2,019 | $171.08 | 271,823.52 | D | — | — | (F2) 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. (F3) This number includes (i) 1,442.104 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 7,472 RSUs that are scheduled to vest on March 15, 2024, (iii) 5,562 RSUs that are scheduled to vest on March 14, 2025 and (iv) 3,118 RSUs that are scheduled to vest on March 13, 2026. |