Wendy J. Hills - 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 $
-$29,021
Form type
4
Date filed
3/17/2022, 05:05 PM
Previous filing
Mar 15, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Tax liability -$29K -133 -2.55% $218.20 5.08K Mar 15, 2022 Direct F1
transaction VRTS Common Stock Award $0 +1.03K +20.32% $0.00 6.11K Mar 15, 2022 Direct F2, F3
* 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 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.
F3 This number includes (i) 2,521 RSUs that are scheduled to vest on September 16, 2022, (ii) 884 RSUs that are scheduled to vest on March 13, 2023, (iii) 631 RSUs that are scheduled to vest on March 15, 2023, (iv) 631 RSUs that are scheduled to vest on March 15, 2024 and (v) 344 RSUs that are scheduled to vest on March 15, 2025.