Sarah E. Farrell - 22 May 2023 Form 4 Insider Report for VERRA MOBILITY Corp (VRRM)

Reporting relationship: Director
Issuer ticker: VRRM
Reported as of: 22 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 May 2023, 20:59:56 UTC
Prior SEC filing: 08 Aug 2022
Next SEC filing: 09 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Sarah E. Farrell

Key filing fact

Sarah E. Farrell filed Form 4 for VERRA MOBILITY Corp (VRRM) on 23 May 2023.

Key facts

This page summarizes Sarah E. Farrell's Form 4 filing for VERRA MOBILITY Corp (VRRM).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 23 May 2023, 20:59.

Change

Previous filing in this sequence was filed on 08 Aug 2022.
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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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: +8,480
Change %: +219%
Price: $0.000000
Shares after: 12,357
Date: 22 May 2023
Ownership: Direct
Footnotes: F1, F4

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: -8,480
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 May 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 8,480
Exercise price: $0.000000
Footnotes: F1, F2, F4

VRRM transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +9,545
Change %
Price: $0.000000
Shares after: 9,545
Date: 23 May 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 9,545
Exercise price: $0.000000
Footnotes: F1, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.

Footnote F2

On August 5, 2022, the Reporting Person was granted 8,480 restricted stock units, vesting in full on the earlier of (a) August 5, 2023, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. The Reporting Person is deemed to hold the shares of Class A Common Stock for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. ("In-Cap") and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the shares of Class A Common Stock directly to the In-Cap Funds.

Footnote F3

On May 23, 2023, the Reporting Person was granted 9,545 restricted stock units, vesting in full on the earlier of (a) May 23, 2024, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. The Reporting Person is deemed to hold the shares of Class A Common Stock for the benefit of the In-Cap Funds managed by In-Cap and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the shares of Class A Common Stock directly to the In-Cap Funds.

Footnote F4

The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary.