David M. Cote - Dec 8, 2023 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Signature
/s/ Eric Broxterman, as attorney-in-fact
Stock symbol
VRT
Transactions as of
Dec 8, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 09:30 PM
Previous filing
Mar 9, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Gift $0 -8.57M -100% $0.00* 0 Dec 8, 2023 See Footnote F1
holding VRT Class A Common Stock 62.3K Dec 8, 2023 See Footnote F2
holding VRT Class A Common Stock 2M Dec 8, 2023 See Footnote F3
holding VRT Class A Common Stock 200 Dec 8, 2023 See Footnote F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRT Private Placement Warrants Gift $0 -5.27M -100% $0.00* 0 Dec 8, 2023 Class A Common Stock 5.27M $11.50 See Footnote F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person previously indirectly beneficially owned these shares of Class A common stock and Private Placement Warrants through Cote SPAC 1 LLC. As of December 8, 2023, the Reporting Person has ceased to serve as manager of Cote SPAC 1 LLC and therefore has ceased to have beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by Cote SPAC 1 LLC.
F2 Reflects securities held directly by the Reporting Person's spouse.
F3 Reflects securities held directly by Atlanta Sons LLC, of which the Reporting Person is the manager, and for which the limited liability company interests are held in trusts for the benefit of his family, over which the Reporting Person has investment control.
F4 Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee.
F5 Each Private Placement Warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants expire on February 7, 2025 or earlier upon redemption or liquidation.