Scott Cripps - 07 Sep 2023 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role
Chief Accounting Officer
Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Issuer symbol
VRT
Transactions as of
07 Sep 2023
Net transactions value
-$739,924
Form type
4
Filing time
08 Sep 2023, 16:21:02 UTC
Previous filing
09 Mar 2023
Next filing
11 Mar 2024
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 Options Exercise $645,263 +36,008 $17.92 36,008 07 Sep 2023 Direct
transaction VRT Class A Common Stock Sale $126,259 -3,334 -9.3% $37.87 32,674 07 Sep 2023 Direct F1
transaction VRT Class A Common Stock Sale $1,258,929 -32,674 -100% $38.53 0 07 Sep 2023 Direct F1
holding VRT Class A Common Stock 834 07 Sep 2023 By 401(k) plan 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 VRT Employee Stock Option (Right to buy) Options Exercise $0 -36,008 -50% $0.000000 36,008 07 Sep 2023 Class A Common Stock 36,008 $17.92 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $37.82 to $37.94, and $37.98 to $38.95, respectively. 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.
F2 Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
F3 The portion of the option award exercised in this transaction was fully vested and exercisable on the transaction date. The remaining portion of the option award will become vested and exercisable in equal installments on October 27, 2023 and October 27, 2024.