Form 4 for VRRM VERRA MOBILITY Corp
Accepted 2023-05-23 00:00:00 ET · period of report 2023-05-22 · accession 0000902664-23-003259 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-23 | 2023-05-22 | VRRM | FARRELL SARAH E | Dir | M - OptEx | $0.00 | +8,480 | 12.4K | +219% | $0 |
| D | 2023-05-23 | 2023-05-22 | VRRM | FARRELL SARAH E | Dir | M - OptEx | $0.00 | -8,480 | 0 | -100% | $0 |
| D | 2023-05-23 | 2023-05-23 | VRRM | FARRELL SARAH E | Dir | A - Grant | $0.00 | +9,545 | 9,545 | New | $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 | Class A Common Stock | 2023-05-22 | M | A | 8,480 | $0.00 | 12,357 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock. (F4) The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary. |
| 2 | Derivative | Restricted Stock Units | 2023-05-22 | M | D | 8,480 | $0.00 | 0 | D | $0.00 · — to — | 8,480 Class A Common Stock | (F4) The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary. (F1) Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock. (F2) On August 5, 2022, the Reporting Person was granted 8,480 restricted stock units, vesting in full on the earlier of (a) August 5, 2023, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. The Reporting Person is deemed to hold the shares of Class A Common Stock for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. ("In-Cap") and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the shares of Class A Common Stock directly to the In-Cap Funds. |
| 3 | Derivative | Restricted Stock Units | 2023-05-23 | A | A | 9,545 | $0.00 | 9,545 | D | $0.00 · — to — | 9,545 Class A Common Stock | (F4) The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary. (F1) Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock. (F3) On May 23, 2023, the Reporting Person was granted 9,545 restricted stock units, vesting in full on the earlier of (a) May 23, 2024, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. The Reporting Person is deemed to hold the shares of Class A Common Stock for the benefit of the In-Cap Funds managed by In-Cap and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the shares of Class A Common Stock directly to the In-Cap Funds. |