Karsten Winther - Sep 3, 2024 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role
President, EMEA
Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Stock symbol
VRT
Transactions as of
Sep 3, 2024
Transactions value $
-$3,229,706
Form type
4
Date filed
9/4/2024, 04:17 PM
Previous filing
Jun 26, 2024
Next filing
Sep 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Options Exercise $364K +30.2K +119.56% $12.05 55.5K Sep 3, 2024 Direct F1
transaction VRT Class A Common Stock Sale -$1.01M -12.9K -23.23% $78.08 42.6K Sep 3, 2024 Direct F1, F2, F3
transaction VRT Class A Common Stock Sale -$531K -6.7K -15.74% $79.22 35.9K Sep 3, 2024 Direct F1, F2, F4
transaction VRT Class A Common Stock Sale -$521K -6.5K -18.12% $80.12 29.4K Sep 3, 2024 Direct F1, F2, F5
transaction VRT Class A Common Stock Sale -$800K -9.89K -33.67% $80.89 19.5K Sep 3, 2024 Direct F1, F2, F6
transaction VRT Class A Common Stock Sale -$736K -8.95K -45.9% $82.25 10.5K Sep 3, 2024 Direct F1, F2, F7

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 Stock Options Options Exercise $0 -30.2K -100% $0.00 0 Sep 3, 2024 Class A Common Stock 30.2K $12.05 Direct F8
* 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 Includes shares, RSUs and DSUs.
F2 Sold pursuant to a previously executed Rule 10b5-1 plan entered on September 7, 2023.
F3 The trade was executed in a series of transactions with a price range of $77.565 to $78.56, inclusive, with a weighted average price of $78.08. 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 and in footnotes 4 through 7, inclusive.
F4 The trade was executed in a series of transactions with a price range of $78.60 to $79.57, inclusive, with a weighted average price of $79.22.
F5 The trade was executed in a series of transactions with a price range of $79.60 to $80.58, inclusive, with a weighted average price of $80.12.
F6 The trade was executed in a series of transactions with a price range of $80.62 to $81.59, inclusive, with a weighted average price of $80.89.
F7 The trade was executed in a series of transactions with a price range of $81.71 to $82.66, inclusive, with a weighted average price of $82.25.
F8 The option award exercised in this transaction was fully vested and exercised on the transaction date.