Philip O' Doherty - Jun 5, 2023 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role
Managing Director, E+I
Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Stock symbol
VRT
Transactions as of
Jun 5, 2023
Transactions value $
-$18,301,771
Form type
4
Date filed
6/7/2023, 04:20 PM
Previous filing
Jun 1, 2023
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Sale -$4.74M -236K -1.36% $20.06 17.1M Jun 5, 2023 Held by affiliated entity F1, F2, F3
transaction VRT Class A Common Stock Sale -$13.6M -674K -3.94% $20.13 16.4M Jun 6, 2023 Held by affiliated entity F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sold pursuant to a previously executed Rule 10b5-1 plan.
F2 The trade was executed in a series of transactions with a price range of $20.00 to $20.14, inclusive, with a weighted average price of $20.06. The reporting person undertakes to provide to Vertiv Holdings Co, any security holder of Vertiv Holdings Co, or 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 in this footnote.
F3 Shares held by Powerbar Limited, an entity controlled by the reporting person.
F4 The trade was executed in a series of transactions with a price range of $20.00 to $20.38, inclusive, with a weighted average price of $20.13. The reporting person undertakes to provide to Vertiv Holdings Co, any security holder of Vertiv Holdings Co, or 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 in this footnote.