Stephen Liang - 08 Apr 2024 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Signature
/s/ Eric Broxterman, as attorney-in-fact
Issuer symbol
VRT
Transactions as of
08 Apr 2024
Net transactions value
-$1,308,028
Form type
4
Filing time
10 Apr 2024, 16:53:03 UTC
Previous filing
01 Apr 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Tax liability $1,308,028 -15,544 -30% $84.15 36,308 08 Apr 2024 Direct F1, F2
holding VRT Class A Common Stock 1 08 Apr 2024 By Daughter 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.
F3 The reporting person disclaims beneficial ownership of this share, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such share for purposes of Section 16 or for any other purpose.