Liang Stephen 4

Accession 0000950142-24-000640

CIK 0001674101other

View on SEC.gov Company Profile

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 9:01 PM ET

Size

26.6 KB

Accession

0000950142-24-000640

Insider Transaction Report

Form 4

Period: 2024-03-01

Vertiv Holdings CoVRT

Liang Stephen

Chief Technology Officer & EVP

Transactions

Exercise/Conversion
Class A Common Stock
2024-03-01$11.50/sh+41,250$474,375→ 112,062.86 total
Exercise/Conversion
Class A Common Stock
2024-03-01$20.93/sh+101,047$2,114,914→ 213,109.86 total
Exercise/Conversion
Class A Common Stock
2024-03-01$12.05/sh+144,927$1,746,370→ 358,036.86 total
Sale
Class A Common Stock
2024-03-01$70.01/sh−41,250$2,887,913→ 316,786.86 total
Sale
Class A Common Stock
2024-03-01$70.10/sh−101,047$7,083,395→ 215,739.86 total
Sale
Class A Common Stock
2024-03-01$70.36/sh−144,927$10,197,064→ 70,812.86 total
Sale
Class A Common Stock
2024-03-01$70.54/sh−18,962$1,337,579→ 51,850.86 total
Sale
Class A Common Stock
2024-03-01$70.44/sh−10$704→ 51,840.86 total
Exercise/Conversion
Stock Options
2024-03-01−41,250→ 123,750 total
Exercise: $11.50Exp: 2032-03-03→ Class A Common Stock (41,250 underlying)
Exercise/Conversion
Stock Options
2024-03-01−101,047→ 33,683 total
Exercise: $20.93Exp: 2031-02-26→ Class A Common Stock (101,047 underlying)
Exercise/Conversion
Stock Options
2024-03-01−144,927→ 0 total
Exercise: $12.05Exp: 2030-02-07→ Class A Common Stock (144,927 underlying)

Holdings

Class A Common Stock
(indirect: By Daughter)
1
Stock Options
Exercise: $15.84Exp: 2033-03-07→ Class A Common Stock (114,449 underlying)
114,449

Footnotes (10)

[F1]Following the completion of the transactions reported herein, all of which were undertaken for portfolio diversification purposes, the reporting person directly holds an aggregate of 51,840.86 shares of Class A common stock, restricted stock units and dividend-equivalent stock units.
[F10]Following the completion of the transactions reported herein, the reporting person holds all 114,449 stock options granted to the reporting person on March 7, 2023, which will vest as to 25% on each of the first four anniversaries of March 15, 2023.
[F2]Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $69.99 to $70.16. 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 3 to 5 inclusive.
[F3]Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.06 to $70.23.
[F4]Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.18 to $70.63.
[F5]Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.53 to $70.63.
[F6]The reporting person disclaims beneficial ownership of this share, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such share for purposes of Section 16 or for any other purpose.
[F7]Following the completion of the transactions reported herein, the reporting person holds 123,750 of 165,000 stock options granted to the reporting person on March 3, 2022, which vested as to 25% on each of March 3, 2023 and March 3, 2024, and which will vest as to 25% on each of March 3, 2025 and March 3, 2026.
[F8]Following the completion of the transactions reported herein, the reporting person holds 33,683 of 134,730 stock options granted to the reporting person on February 26, 2021, which vested as to 33,682 on each of February 26, 2022 and February 26, 2023 and as to 33,683 on February 26, 2024, and which will vest as to 33,683 on February 26, 2025.
[F9]144,927 stock options granted to the reporting person on February 7, 2020 vested as to 25% on each of February 7, 2021, February 7, 2022, February 7, 2023 and February 7, 2024.

Documents

1 file

4
es240454229_4-liang.xmlPrimary
OWNERSHIP DOCUMENT

Issuer

Vertiv Holdings Co

CIK 0001674101

→

Entity typeother

Related Parties

filerCIK 0001802752

Filing Metadata

Form type: 4
Filed: Mar 4, 7:00 PM ET
Accepted: Mar 5, 9:01 PM ET
Size: 26.6 KB

View on SEC.gov