VIRTUS INVESTMENT PARTNERS, INC. 4
4 · VIRTUS INVESTMENT PARTNERS, INC. · Filed Mar 17, 2016
Insider Transaction Report
Form 4
FLYNN MARK S
EVP, Gen Counsel & CCO
Transactions
- Tax Payment
Common Stock
2016-03-15$76.60/sh−351$26,887→ 8,100 total - Award
Common Stock
2016-03-15+1,142→ 8,451 total
Footnotes (3)
- [F1]These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2016 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to cliff vest on March 15, 2019 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 a RSU award.
- [F3]This number includes (i) 854 RSUs that are scheduled to cliff vest on March 15, 2017 and (ii) 1,142 RSUs that are scheduled to cliff vest on March 15, 2019. RSUs will be settled for shares of common stock on a one-for-one basis upon vesting.