Form 4 for VRT Vertiv
Accepted 2024-05-17 00:00:00 ET · period of report 2024-05-15 · accession 0001628280-24-024137 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-05-17 | 2024-05-15 | VRT | FRADIN ROGER | Dir | G - Gift | $0.00 | 0 | 0 | New | $0 |
| 2024-05-17 | 2024-05-15 | VRT | FRADIN ROGER | Dir | S - Sale | $103.86 | -16.7K | 218.3K | -7% | -$1.73M | |
| I | 2024-05-17 | 2024-05-15 | VRT | FRADIN ROGER | Dir | S - Sale | $103.91 | -33.3K | 100.0K | -25% | -$3.46M |
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 | 2024-05-15 | G | A | 50,000 | $0.00 | 50,000 | I By S VRT GRAT 2024 | — | — | (F4) The Reporting Person previously indirectly beneficially owned these shares of Class A Common Stock through the Fradin Community Property Trust. On May 15, 2024, the Reporting Person gifted the Class A Common Stock to the R VRT GRAT 2024, of which the Reporting Person is the trustee and beneficiary and maintains indirect beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by the R VRT GRAT 2024. |
| 2 | Common | Class A Common Stock | 2024-05-15 | G | A | 50,000 | $0.00 | 50,000 | I | — | — | (F5) The Reporting Person previously indirectly beneficially owned these shares of Class A Common Stock through the Fradin Community Property Trust. On May 15, 2024, the Reporting Person gifted the Class A Common Stock to the S VRT GRAT 2024, of which the Reporting Person's spouse is the trustee and beneficiary and the Reporting Person maintains indirect beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by the S VRT GRAT 2024. |
| 3 | Common | Class A Common Stock | 2024-05-15 | G | D | 100,000 | $0.00 | 0 | I By R VRT GRAT 2024 | — | — | |
| 4 | Common | Class A Common Stock | 2024-05-15 | S | D | 16,667 | $103.86 | 218,333 | D By Fradin Community Property Trust | — | — | (F3) The trade was executed in a series of transactions with a price range of $103.76 to $103.92 inclusive, with a weighted average price of $103.8645. 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. |
| 5 | Common | Class A Common Stock | 2024-05-15 | S | D | 33,333 | $103.91 | 100,000 | I By Fradin Community Property Trust | — | — | (F1) The trade was executed in a series of transactions with a price range of $103.76 to $104.06 inclusive, with a weighted average price of $103.9118. 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. (F2) These securities were previously reported as directly held by the reporting person. |