Norman P. Blake III - Mar 2, 2023 Form 4 Insider Report for VERRA MOBILITY Corp (VRRM)

Role
Pres. T2 Systems
Signature
/s/ Norman P. Blake III, by Raphael Avraham, as Attorney-in-Fact
Stock symbol
VRRM
Transactions as of
Mar 2, 2023
Transactions value $
-$61,967
Form type
4
Date filed
3/6/2023, 05:39 PM
Previous filing
Aug 5, 2022
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRRM Class A Common Stock Options Exercise $0 +11K $0.00 11K Mar 3, 2023 Direct F1
transaction VRRM Class A Common Stock Tax liability -$62K -3.5K -31.83% $17.72 7.49K Mar 3, 2023 Direct

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 VRRM Restricted Stock Units Award $0 +16.9K $0.00 16.9K Mar 2, 2023 Class A Common Stock 16.9K $0.00 Direct F2
transaction VRRM Restricted Stock Units Options Exercise $0 -11K -25% $0.00 33K Mar 3, 2023 Class A Common Stock 11K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.
F2 On March 2, 2023, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 2, 2024. Vested shares will be delivered to the reporting person on each settlement date.
F3 On May 11, 2022, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 3, 2023. Vested shares will be delivered to the reporting person on each settlement date.