4//SEC Filing
Binderow Alex J. 4
Accession 0001209191-21-046662
CIK 0001570827other
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 4:09 PM ET
Size
6.6 KB
Accession
0001209191-21-046662
Insider Transaction Report
Form 4
Binderow Alex J.
Director
Transactions
- Award
Class B Common Stock
2021-07-12$33.00/sh+757$24,981→ 1,640 total→ Class A Common Stock (757 underlying)
Footnotes (2)
- [F1]The shares of Class B Common Stock of the Issuer ("Class B Common Stock") are convertible into Class A Common Stock of the Issuer ("Class A Common Stock") on a one-to-one basis at the option of the holder and have no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock. In addition, (i) each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, or (ii) in the event of the death of Mr. Binderow, shares of Class B Common Stock held by Mr. Binderow will convert into Class A Common Stock.
- [F2]These shares of Class B Common Stock were issued to Mr. Binderow at the Company's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $25,000. The price of the derivative security is based on the closing price of the Company's shares on July 12, 2021.
Documents
Issuer
Victory Capital Holdings, Inc.
CIK 0001570827
Entity typeother
Related Parties
1- filerCIK 0001703019
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 4:09 PM ET
- Size
- 6.6 KB