William Patrick Bradley III - 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 $
-$256,603
Form type
4
Date filed
3/17/2022, 05:06 PM
Previous filing
Mar 15, 2022
Next filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Tax liability -$57.2K -262 -2.88% $218.20 8.83K Mar 15, 2022 Direct F1
transaction VRTS Common Stock Tax liability -$199K -914 -10.35% $218.20 7.91K Mar 15, 2022 Direct F2
transaction VRTS Common Stock Award $0 +2.44K +30.78% $0.00 10.4K Mar 15, 2022 Direct F3
transaction VRTS Common Stock Award $0 +630 +6.09% $0.00 11K 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) 288.59 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 481 RSUs that are scheduled to vest on March 13, 2023, (iii) 366 RSUs that are scheduled to vest on March 15, 2023, (iv) 366 RSUs that are scheduled to vest on March 15, 2024 and (v) 210 RSUs that are scheduled to vest on March 15, 2025.