Michael A. Angerthal - Mar 15, 2022 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Signature
/s/ Ronnie D. Kryjak, Attorney-in-Fact
Stock symbol
VRTS
Transactions as of
Mar 15, 2022
Transactions value $
-$785,738
Form type
4
Date filed
3/17/2022, 05:04 PM
Previous filing
Mar 15, 2022
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Tax liability -$156K -717 -1.05% $218.20 67.4K Mar 15, 2022 Direct F1
transaction VRTS Common Stock Tax liability -$629K -2.88K -4.28% $218.20 64.5K Mar 15, 2022 Direct F2
transaction VRTS Common Stock Award $0 +6.22K +9.64% $0.00 70.7K Mar 15, 2022 Direct F3
transaction VRTS Common Stock Award $0 +2.12K +3% $0.00 72.8K Mar 15, 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs previously reported, and settled with shares by the reporting person.
F2 Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of an RSU award, and settled with shares by the reporting person.
F3 These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2019 Long Term Incentive Plan, subject to a time and performance condition which has been satisfied.
F4 These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2022 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting.
F5 This number includes (i) 1,571 RSUs that are scheduled to vest on March 13, 2023, (ii) 1,217 RSUs that are scheduled to vest on March 15, 2023, (iii) 1,217 RSUs that are scheduled to vest on March 15, 2024 and (iv) 707 RSUs that are schedule to vest on March 15, 2025.