Richard W. Smirl - 15 Mar 2024 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Signature
/s/ Ronnie D. Kryak, Attorney-in-Fact
Issuer symbol
VRTS
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 16:52:20 UTC
Previous filing
17 Mar 2023
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Award $0 +2,162 +23% $0.000000 11,684 15 Mar 2024 Direct F1, F2
* 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 This number includes (i) 309.771 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 1,545 RSUs that are scheduled to vest on May 3, 2024, (iii) 2,458 RSUs that are scheduled to vest on March 14, 2025, (iv) 937 RSUs that are scheduled to vest on May 3, 2025, (v) 1,696 RSUs that are scheduled to vest on March 13, 2026, and (vi) 721 RSUs that are scheduled to vest on March 15, 2027.