Smirl Richard W 4
4 · VIRTUS INVESTMENT PARTNERS, INC. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Smirl Richard W
EVP & Chief Operating Officer
Transactions
- Award
Common Stock
2023-03-15+2,923→ 9,652.732 total - Tax Payment
Common Stock
2023-03-15$171.08/sh−355$60,733→ 9,403.801 total
Footnotes (3)
- [F1]These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2023 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting.
- [F2]Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs previously reported, and settled with shares by the reporting person.
- [F3]This number includes (i) 191.802 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 1,545 RSUs that are scheduled to vest on May 3, 2023, (iii) 1,738 RSUs that are scheduled to vest on March 15, 2024, (iv) 1,545 RSUs that are scheduled to vest on May 3, 2024, (v) 1,738 RSUs that are scheduled to vest on March 14, 2025, (vi) 937 RSUs that are scheduled to vest on May 3, 2025 and (vii) 975 RSUs that are scheduled to vest on March 13, 2026.