Wendy J. Hills - 13 Mar 2023 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Role
EVP, CLO, GC & Secretary
Signature
/s/ Ronnie D. Kryjak Attorney-in-Fact
Issuer symbol
VRTS
Transactions as of
13 Mar 2023
Net transactions value
-$371,235
Form type
4
Filing time
15 Mar 2023, 17:18:51 UTC
Previous filing
19 Sep 2022
Next filing
17 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Award $0 +3,871 +78% $0.000000 8,813 13 Mar 2023 Direct F1
transaction VRTS Common Stock Tax liability $300,276 -1,735 -20% $173.07 7,078 13 Mar 2023 Direct F2
transaction VRTS Common Stock Tax liability $70,959 -410 -5.8% $173.07 6,668 13 Mar 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2020 Long Term Incentive Plan, subject to a time and performance condition which has been satisfied.
F2 Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
F3 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.
F4 This number includes (i) 631 RSUs that are scheduled to vest on March 15, 2023, (ii) 631 RSUs that are scheduled to vest on March 15, 2024 and (iii) 344 RSUs that are scheduled to vest on March 15, 2025.