Steve Lalla - 02 Mar 2023 Form 4 Insider Report for VERRA MOBILITY Corp (VRRM)

Role
EVP Commercial Services
Signature
/s/ Steve Lalla, by Raphael Avraham, as Attorney-in-Fact
Issuer symbol
VRRM
Transactions as of
02 Mar 2023
Net transactions value
-$53,833
Form type
4
Filing time
06 Mar 2023, 17:50:28 UTC
Previous filing
05 Aug 2022
Next filing
09 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRRM Class A Common Stock Options Exercise $0 +5,368 +114% $0.000000 10,065 03 Mar 2023 Direct F1
transaction VRRM Class A Common Stock Tax liability $27,271 -1,539 -15% $17.72 8,526 03 Mar 2023 Direct
transaction VRRM Class A Common Stock Options Exercise $0 +6,209 +73% $0.000000 14,735 04 Mar 2023 Direct F1
transaction VRRM Class A Common Stock Tax liability $26,562 -1,499 -10% $17.72 13,236 04 Mar 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 +24,788 $0.000000 24,788 02 Mar 2023 Class A Common Stock 24,788 $0.000000 Direct F2
transaction VRRM Restricted Stock Units Options Exercise $0 -5,368 -25% $0.000000 16,107 03 Mar 2023 Class A Common Stock 5,368 $0.000000 Direct F3
transaction VRRM Restricted Stock Units Options Exercise $0 -6,209 -33% $0.000000 12,418 04 Mar 2023 Class A Common Stock 6,209 $0.000000 Direct F4
* 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.
F4 On March 18, 2021, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 3, 2022. Vested shares will be delivered to the reporting person on each settlement date.