Barry M. Mandinach - Mar 15, 2024 Form 4 Insider Report for VIRTUS INVESTMENT PARTNERS, INC. (VRTS)

Signature
/s/ Ronnie D. Kryak, Attorney-in-Fact
Stock symbol
VRTS
Transactions as of
Mar 15, 2024
Transactions value $
-$219,532
Form type
4
Date filed
3/19/2024, 04:57 PM
Previous filing
Mar 17, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTS Common Stock Award $0 +631 +3.25% $0.00 20K Mar 15, 2024 Direct F1
transaction VRTS Common Stock Tax liability -$67.8K -293 -1.46% $231.33 19.7K Mar 15, 2024 Direct F2
transaction VRTS Common Stock Tax liability -$152K -656 -3.32% $231.33 19.1K Mar 15, 2024 Direct F3
transaction VRTS Common Stock Award $0 +1.3K +6.8% $0.00 20.4K Mar 15, 2024 Direct F4, F5
* 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 2021 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 reported in footnote (1) above, 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 granted to the reporting person pursuant to the Company's 2021, 2022 and 2023 Long Term Incentive Plans, previously reported and settled with shares by the reporting person.
F4 These shares comprise an award of 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.
F5 This number includes (i) 1,476 RSUs that are scheduled to vest on March 14, 2025, (ii) 1,017 RSUs that are scheduled to vest on March 13, 2026, and (iii) 433 RSUs that are scheduled to vest on March 15, 2027.