Gary John Niederpruem - 08 Apr 2022 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role
Chief Strategy & Dev. Officer
Signature
/s/ Eric Broxterman, as attorney-in-fact
Issuer symbol
VRT
Transactions as of
08 Apr 2022
Transactions value $
-$194,123
Form type
4
Filing time
12 Apr 2022, 16:38:01 UTC
Previous filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Tax liability -$194K -14.3K -10.58% $13.54 121K 08 Apr 2022 Direct F1, F2
holding VRT Class A Common Stock 29.4K 08 Apr 2022 By 401(k) plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation upon vesting and settlement of restricted stock units ("RSUs"), including dividend-equivalent stock units ("DSUs"). Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares are mandatorily settled in cash.
F2 Includes shares, RSUs and DSUs.
F3 Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.