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

Role
EVP and CLO
Signature
/s/ Ronnie D. Kryjak, Attorney-in-Fact
Stock symbol
VRTS
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 04:50 PM
Previous filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Award $0 +1.08K $0.00 1.08K Mar 15, 2024 Direct F1
transaction VRTS Common Stock Award $0 +648 +59.94% $0.00 1.73K Mar 15, 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.