VIRTUS INVESTMENT PARTNERS, INC. 4
4 · VIRTUS INVESTMENT PARTNERS, INC. · Filed Mar 16, 2017
Insider Transaction Report
Form 4
FLYNN MARK S
EVP, Gen Counsel & CCO
Transactions
- Award
Common Stock
2017-03-15+800→ 8,606 total - Tax Payment
Common Stock
2017-03-14$105.60/sh−294$31,046→ 7,806 total
Footnotes (3)
- [F1]Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of a RSU award.
- [F2]These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2017 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to cliff vest on March 15, 2020 and will be settled for shares of common stock on a one-for-one basis upon vesting.
- [F3]This number includes (i) 1,142 RSUs that are scheduled to cliff vest on March 15, 2019; and 800 RSUs that are scheduled to cliff vest on March 15, 2020. RSUs will be settled for shares of common stock on a one-for-one basis upon vesting.