Form 4 for VRT Vertiv
Accepted 2024-05-07 00:00:00 ET · period of report 2024-05-03 · accession 0000950142-24-001299 · 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 | 2024-05-07 | 2024-05-04 | VRT | Karlborg Anders | EVP, Man, Logistics, Op Ex | F - Tax | $93.01 | -505 | 22.5K | -2% | -$47.0K |
| D | 2024-05-07 | 2024-05-03 | VRT | Karlborg Anders | EVP, Man, Logistics, Op Ex | M - OptEx | $12.05 | +46.2K | 69.2K | +201% | +$556.8K |
| DM | 2024-05-07 | 2024-05-03 | VRT | Karlborg Anders | EVP, Man, Logistics, Op Ex | S - Sale+OE | $93.75 | -46.2K | 24.3K | -66% | -$4.33M |
| D | 2024-05-07 | 2024-05-03 | VRT | Karlborg Anders | EVP, Man, Logistics, Op Ex | M - OptEx | $0.00 | -46.2K | 0 | -100% | $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 | 2024-05-04 | F | D | 505 | $93.01 | 22,497.69 | D | — | — | (F4) Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation upon vesting and settlement of restricted stock units (?RSUs?), including dividend-equivalent stock units (?DSUs?). Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares are mandatorily settled in cash. (F5) Includes shares, RSUs and DSUs. |
| 2 | Common | Class A Common Stock | 2024-05-03 | M | A | 46,206 | $12.05 | 69,208.94 | D | — | — | (F5) Includes shares, RSUs and DSUs. |
| 3 | Common | Class A Common Stock | 2024-05-03 | S | D | 21,336 | $93.29 | 47,872.94 | D | — | — | (F1) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $92.63 to $93.62. 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. (F5) Includes shares, RSUs and DSUs. |
| 4 | Common | Class A Common Stock | 2024-05-03 | S | D | 1,310 | $94.75 | 23,002.94 | D | — | — | (F3) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $94.63 to $94.82. (F5) Includes shares, RSUs and DSUs. |
| 5 | Common | Class A Common Stock | 2024-05-03 | S | D | 23,560 | $94.11 | 24,312.94 | D | — | — | (F2) Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $93.63 to $94.60. (F5) Includes shares, RSUs and DSUs. |
| 6 | Derivative | Stock Options | 2024-05-03 | M | D | 46,206 | $0.00 | 0 | D | $12.05 · — to 2030-02-07 | 46,206 Class A Common Stock | (F6) The option award vested and became exercisable in four equal tranches on February 7, 2021, February 7, 2022, February 7, 2023 and February 7, 2024. |