Steve Lalla - 08 May 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
08 May 2023
Net transactions value
-$290,091
Form type
4
Filing time
09 May 2023, 18:55:29 UTC
Previous filing
06 Mar 2023
Next filing
15 Mar 2024
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 $339,594 +24,806 +187% $13.69 38,042 08 May 2023 Direct
transaction VRRM Class A Common Stock Options Exercise $204,730 +14,655 +39% $13.97 52,697 08 May 2023 Direct
transaction VRRM Class A Common Stock Sale $685,883 -39,461 -75% $17.38 13,236 08 May 2023 Direct F1
transaction VRRM Class A Common Stock Sale $148,532 -8,539 -65% $17.39 4,697 08 May 2023 Direct F2

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 Employee Stock Option (Right to Buy) Options Exercise $0 -24,806 -50% $0.000000 24,806 08 May 2023 Class A Common Stock 24,806 $13.69 Direct F3
transaction VRRM Employee Stock Option (Right to Buy) Options Exercise $0 -14,655 -24% $0.000000 45,586 08 May 2023 Class A Common Stock 14,655 $13.97 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.365 to $17.40, inclusive. The reporting person undertakes to provide to the issuer or to 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 herein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.39 to $17.405, inclusive. The reporting person undertakes to provide to the issuer or to 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 herein.
F3 On March 18, 2021, the reporting person was granted stock options vesting in four (4) equal annual installments beginning on March 4, 2022.
F4 On May 11, 2022, the reporting person was granted stock options vesting in four (4) equal annual installments beginning on March 3, 2023.