Steve Lalla - May 8, 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
Stock symbol
VRRM
Transactions as of
May 8, 2023
Transactions value $
-$290,091
Form type
4
Date filed
5/9/2023, 06:55 PM
Previous filing
Mar 6, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRRM Class A Common Stock Options Exercise $340K +24.8K +187.41% $13.69 38K May 8, 2023 Direct
transaction VRRM Class A Common Stock Options Exercise $205K +14.7K +38.52% $13.97 52.7K May 8, 2023 Direct
transaction VRRM Class A Common Stock Sale -$686K -39.5K -74.88% $17.38 13.2K May 8, 2023 Direct F1
transaction VRRM Class A Common Stock Sale -$149K -8.54K -64.51% $17.39 4.7K May 8, 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 -24.8K -50% $0.00 24.8K May 8, 2023 Class A Common Stock 24.8K $13.69 Direct F3
transaction VRRM Employee Stock Option (Right to Buy) Options Exercise $0 -14.7K -24.33% $0.00 45.6K May 8, 2023 Class A Common Stock 14.7K $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.