Form 4 for VRT Vertiv
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-08 · accession 0000950142-24-000663 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-11 | 2024-03-08 | VRT | Cripps Scott | CAO | M - OptEx | $13.54 | +56.6K | 56.6K | New | +$766.4K |
| DM | 2024-03-11 | 2024-03-08 | VRT | Cripps Scott | CAO | S - Sale+OE | $70.76 | -56.6K | 35.0K | -62% | -$4.00M |
| DM | 2024-03-11 | 2024-03-08 | VRT | Cripps Scott | CAO | M - OptEx | $0.00 | -56.6K | 54.0K | -51% | $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 | 2024-03-08 | M | A | 38,590 | $11.50 | 38,590 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-08 | M | A | 18,004 | $17.92 | 56,594 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-08 | S | D | 2,300 | $71.78 | 0 | D | — | — | (F3) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $71.71 to $71.86. |
| 4 | Common | Common Stock | 2024-03-08 | S | D | 32,736 | $70.98 | 2,300 | D | — | — | (F2) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.71 to $71.70. |
| 5 | Common | Common Stock | 2024-03-08 | S | D | 21,558 | $70.33 | 35,036 | D | — | — | (F1) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $69.71 to $70.70. The reporting person undertakes to provide to Vertiv Holdings Co, any security holder of Vertiv Holdings Co, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 2 and 3. |
| 6 | Derivative | Stock Options | 2024-03-08 | M | D | 38,590 | $0.00 | 38,591 | D | $11.50 · — to 2032-03-03 | 38,590 Class A Common Stock | (F5) The portion of the option award exercised in this transaction was fully vested and exercisable on the transaction date. The remaining portion of the option award will become vested and exercisable in equal installments on March 3, 2025, and March 3, 2026. |
| 7 | Derivative | Stock Options | 2024-03-08 | M | D | 18,004 | $0.00 | 54,012 | D | $17.92 · — to 2030-10-27 | 18,004 Class A Common Stock | (F6) The portion of the option award exercised in this transaction was fully vested and exercisable on the transaction date. The remaining portion of the option award will become vested and exercisable on October 27, 2024. |