George R. Aylward - Mar 13, 2023 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Role
Director, CEO and President, Director
Signature
/s/ Ronnie D. Kryjak, Attorney-in-Fact
Stock symbol
VRTS
Transactions as of
Mar 13, 2023
Transactions value $
-$2,542,398
Form type
4
Date filed
3/15/2023, 05:19 PM
Previous filing
Apr 18, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Award $0 +25.8K +10.18% $0.00 279K Mar 13, 2023 Direct F1
transaction VRTS Common Stock Tax liability -$2.07M -12K -4.28% $173.07 267K Mar 13, 2023 Direct F2
transaction VRTS Common Stock Tax liability -$473K -2.73K -1.02% $173.07 264K Mar 13, 2023 Direct F3
holding VRTS Common Stock 70.1 Mar 13, 2023 By 401k 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) 1,442.104 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 4,355 RSUs that are scheduled to vest on March 15, 2023, (iii) 4,355 RSUs that are scheduled to vest on March 15, 2024 and (iv) 2,445 RSUs that are scheduled to vest on March 15, 2025.