Form 4 for VRTS VIRTUS INVESTMENT PARTNERS, INC.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0000883237-24-000038 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-19 | 2024-03-15 | VRTS | Angerthal Michael A | EVP, CFO, Treas | F - Tax | $231.33 | -1,390 | 70.4K | -2% | -$321.5K |
| M | 2024-03-19 | 2024-03-15 | VRTS | Angerthal Michael A | EVP, CFO, Treas | A - Grant | $0.00 | +2,878 | 71.4K | +4% | $0 |
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 | 2024-03-15 | F | D | 983 | $231.33 | 69,385 | D | — | — | (F3) Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs granted to the reporting person pursuant to the Company's 2021, 2022 and 2023 Long Term Incentive Plans, previously reported and settled with shares by the reporting person. |
| 2 | Common | Common Stock | 2024-03-15 | F | D | 407 | $231.33 | 70,368 | D | — | — | (F2) Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs reported in footnote (1) above, and settled with shares by the reporting person. |
| 3 | Common | Common Stock | 2024-03-15 | A | A | 878 | $0.00 | 70,775 | D | — | — | (F1) These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2021 Long Term Incentive Plan, subject to a time and performance condition which has been satisfied. |
| 4 | Common | Common Stock | 2024-03-15 | A | A | 2,000 | $0.00 | 71,385 | D | — | — | (F4) These shares comprise an award of RSUs granted to the reporting person pursuant to the Company's 2024 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. (F5) This number includes (i) 2,274 RSUs that are scheduled to vest on March 14, 2025, (ii) 1,569 RSUs that are scheduled to vest on March 13, 2026, and (iii) 667 RSUs that are scheduled to vest on March 15, 2027. |