Key facts
- This page summarizes Bryan Kelln's Form 4 filing for VERRA MOBILITY Corp (VRRM).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 May 2021, 20:10.
Bryan Kelln - 24 May 2021 Form 4 Insider Report for VERRA MOBILITY Corp (VRRM)
- Reporting relationship
- Director
- Issuer ticker
- VRRM
- Reported as of
- 24 May 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 26 May 2021, 20:10:49 UTC
- Next SEC filing
- 23 Oct 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bryan Kelln, by Rebecca Collins, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Bryan Kelln filed Form 4 for VERRA MOBILITY Corp (VRRM) on 26 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VRRM
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +8,696
- Change %
- +57%
- Price
- $0.000000
- Shares after
- 24,055
- Date
- 24 May 2021
- Ownership
- Direct
- Footnotes
- F1, F2
VRRM
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 15,359
- Date
- 24 May 2021
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VRRM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -8,696
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 24 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,696
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Bryan Kelln is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
The reporting person was granted 8,696 restricted stock units as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of PE Greenlight Holdings, LLC ("PE Greenlight"). Pursuant to an Investor Rights Agreement with the Issuer, PE Greenlight has the right to nominate up to three directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person served on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Footnote F2
Includes 8,696 shares of the Issuer's Class A Common Stock that were awarded to the reporting person as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of PE Greenlight. As disclosed in footnote (5) below, immediately following the transactions reported herein, such shares of Class A Common Stock will be transferred to PE Greenlight in a transaction exempt from Section 16 pursuant to Rule 16a-13 thereunder.
Footnote F3
Reflects the number of shares of the Issuer's Class a Common Stock beneficially owned by the reporting person after giving effect to the transfer to PE Greenlight described in the footnote (2) above.
Footnote F4
Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.
Footnote F5
On May 26, 2020, the reporting person was granted 8,696 restricted stock units, vesting in full on the earlier of (a) May 26, 2021, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. Pursuant to a contractual agreement between the reporting person and PE Greenlight, the shares of Class A Common Stock issued to the reporting person upon settlement of the restricted stock units were immediately transferred to PE Greenlight in a transaction exempt from Section 16 pursuant to Rule 16a-13 thereunder.