Andra C. Purkalitis - 15 Mar 2024 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Role
EVP and CLO
Signature
/s/ Ronnie D. Kryjak, Attorney-in-Fact
Issuer symbol
VRTS
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 16:50:15 UTC
Previous filing
20 Nov 2023
Next filing
18 Mar 2025
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 +1,081 $0.000000 1,081 15 Mar 2024 Direct F1
transaction VRTS Common Stock Award $0 +648 +60% $0.000000 1,729 15 Mar 2024 Direct F2, F3
* 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 2024 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.
F2 These shares comprise a grant of RSUs awarded pursuant to the reporting person's offer letter. The RSUs are scheduled to cliff vest on March 15, 2027 and will be settled for shares of common stock on a one-for-one basis upon vesting.
F3 This number includes (i) 360 RSUs that are scheduled to vest on March 14, 2025, (ii) 360 RSUs that are scheduled to vest on March 13, 2026, and (iii) 1,009 RSUs that are scheduled to vest on March 15, 2027.