David M. Cote - Jul 30, 2024 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role: Executive Chairman, Director
Signature: /s/ Eric Broxterman, as attorney-in-fact
Stock symbol: VRT
Transactions as of: Jul 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/31/2024, 09:30 PM
Previous filing: Mar 11, 2024
Next filing: Sep 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRT	Class A Common Stock	Gift	$0	-2M	-100%	$0.00^*	0	Jul 30, 2024	See Footnote	F1
holding	VRT	Class A Common Stock						62.3K	Jul 30, 2024	See Footnote	F2
holding	VRT	Class A Common Stock						200	Jul 30, 2024	See Footnote	F3

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
holding	VRT	Stock Option						116K	Jul 30, 2024	Class A Common Stock	116K	$12.05	Direct	F4, F5
holding	VRT	Stock Option						116K	Jul 30, 2024	Class A Common Stock	116K	$20.56	Direct	F4, F5
holding	VRT	Stock Option						116K	Jul 30, 2024	Class A Common Stock	116K	$11.50	Direct	F4, F5
holding	VRT	Stock Option						100K	Jul 30, 2024	Class A Common Stock	100K	$15.84	Direct	F4, F5
holding	VRT	Stock Option						50K	Jul 30, 2024	Class A Common Stock	50K	$72.09	Direct	F4, 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 through Atlanta Sons LLC. As of July 30, 2024, the Reporting Person has ceased to serve as manager of Atlanta Sons 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 Atlanta Sons LLC.
F2	Reflects securities held directly by the Reporting Person's spouse.
F3	Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee.
F4	The Reporting Person holds an aggregate of 497,826 stock options, including (i) 115,942 stock options granted on February 7, 2020, which vested as to 28,985 on February 7, 2021, 28,986 on February 7, 2022, 28,985 on February 7, 2023 and 28,986 on February 7, 2024, (ii) 115,942 stock options granted on February 4, 2021, which vested as to 28,986 on each of February 4, 2022 and February 4, 2023 and 28,985 on February 4, 2024, and which will vest as to 28,985 on February 4, 2025, (iii) 115,942 stock options granted on March 3, 2022, which vested as to 28,985 on each of March 3, 2023 and March 3, 2024, and which will vest as to 28,986 on each of March 3, 2025 and March 3, 2026, (cont'd in FN5)
F5	(cont'd from FN4) (iv) 100,000 stock options granted on March 7, 2023, which vested as to 25,000 on March 15, 2024 and which will vest as to 25,000 on each of March 15, 2025, March 15, 2026, and March 15, 2027, and (v) 50,000 stock options granted to the reporting person on March 7, 2024, which will vest as to 12,500 on each of March 15, 2025, March 15, 2026, March 15, 2027 and March 15, 2028. No exercises, dispositions or other transactions with respect to the stock options are being reported in this Form 4.