Form 4 for VRT Vertiv
Accepted 2023-06-13 00:00:00 ET · period of report 2023-06-07 · accession 0001628280-23-021998 · 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 | 2023-06-13 | 2023-06-07+ | VRT | Liang Stephen | CTO, EVP, Infra, Solutions | S - Sale | $20.58 | -107.1K | 70.8K | -60% | -$2.20M |
| 2023-06-13 | 2023-06-09 | VRT | Liang Stephen | CTO, EVP, Infra, Solutions | P - Purchase | $21.18 | +35.0K | 105.8K | +49% | +$741.3K |
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 | 2023-06-07 | S | D | 35,001 | $20.15 | 107,875.10 | D | — | — | (F1) Includes shares, RSUs and DSUs. |
| 2 | Common | Class A Common Stock | 2023-06-07 | S | D | 0.60 | $20.17 | 107,874.50 | D | — | — | (F1) Includes shares, RSUs and DSUs. |
| 3 | Common | Class A Common Stock | 2023-06-09 | S | D | 35,018 | $21.19 | 70,795.50 | D | — | — | (F3) Due to an administrative error, this sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 13,647 shares, with the reporting person?s purchase of shares at a price of $21.185 per share on the same day, as also reported herein. The reporting person has voluntarily disgorged to Vertiv Holdings Co the full amount of the profit realized from such transaction, less transaction costs, which amounted to less than $500. (F1) Includes shares, RSUs and DSUs. |
| 4 | Common | Class A Common Stock | 2023-06-09 | P | A | 35,001 | $21.18 | 105,813.50 | D | — | — | (F2) The trade was executed in a series of transactions with a price range of $21.085 to $21.200, inclusive, with a weighted average price of $21.18. 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. (F1) Includes shares, RSUs and DSUs. |
| 5 | Common | Class A Common Stock | 2023-06-08 | S | D | 37,062 | $20.40 | 70,812.50 | D | — | — | (F1) Includes shares, RSUs and DSUs. |