Scott Cripps - 08 Mar 2024 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Issuer symbol
VRT
Transactions as of
08 Mar 2024
Net transactions value
-$3,238,453
Form type
4
Filing time
11 Mar 2024, 21:13:08 UTC
Previous filing
11 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Common Stock Options Exercise $443,785 +38,590 $11.50* 38,590 08 Mar 2024 Direct
transaction VRT Common Stock Options Exercise $322,632 +18,004 +47% $17.92* 56,594 08 Mar 2024 Direct
transaction VRT Common Stock Sale $1,516,174 -21,558 -38% $70.33 35,036 08 Mar 2024 Direct F1
transaction VRT Common Stock Sale $2,323,601 -32,736 -93% $70.98 2,300 08 Mar 2024 Direct F2
transaction VRT Common Stock Sale $165,094 -2,300 -100% $71.78 0 08 Mar 2024 Direct F3
holding VRT Class A Common Stock 896 08 Mar 2024 By 401(k) plan 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 Stock Options Options Exercise $0 -38,590 -50% $0.000000 38,591 08 Mar 2024 Class A Common Stock 38,590 $11.50 Direct F5
transaction VRT Stock Options Options Exercise $0 -18,004 -25% $0.000000 54,012 08 Mar 2024 Class A Common Stock 18,004 $17.92 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $69.71 to $70.70. The reporting person undertakes to provide to Vertiv Holdings Co, any security holder of Vertiv Holdings Co, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 2 and 3.
F2 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.71 to $71.70.
F3 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $71.71 to $71.86.
F4 Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
F5 The portion of the option award exercised in this transaction was fully vested and exercisable on the transaction date. The remaining portion of the option award will become vested and exercisable in equal installments on March 3, 2025, and March 3, 2026.
F6 The portion of the option award exercised in this transaction was fully vested and exercisable on the transaction date. The remaining portion of the option award will become vested and exercisable on October 27, 2024.