Filing Details
- Accession Number:
- 0000950142-24-000640
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-05 21:01:32
- Reporting Period:
- 2024-03-01
- Accepted Time:
- 2024-03-05 21:01:32
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1674101 | Vertiv Holdings Co | VRT | Electronic Components, Nec (3679) | 812376902 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1802752 | Stephen Liang | C/O Vertiv Holdings Co 505 N. Cleveland Ave Westerville OH 43082 | Chief Technology Officer & Evp | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-03-01 | 41,250 | $11.50 | 112,063 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-03-01 | 101,047 | $20.93 | 213,110 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-03-01 | 144,927 | $12.05 | 358,037 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-03-01 | 41,250 | $70.01 | 316,787 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-03-01 | 101,047 | $70.10 | 215,740 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-03-01 | 144,927 | $70.36 | 70,813 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-03-01 | 18,962 | $70.54 | 51,851 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-03-01 | 10 | $70.44 | 51,841 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Options | Disposition | 2024-03-01 | 41,250 | $0.00 | 41,250 | $11.50 |
| Class A Common Stock | Stock Options | Disposition | 2024-03-01 | 101,047 | $0.00 | 101,047 | $20.93 |
| Class A Common Stock | Stock Options | Disposition | 2024-03-01 | 144,927 | $0.00 | 144,927 | $12.05 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 123,750 | 2032-03-03 | No | 4 | M | Direct | |
| 33,683 | 2031-02-26 | No | 4 | M | Direct | |
| 0 | 2030-02-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 1 | Indirect | By Daughter |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Options | $15.84 | 2033-03-07 | 114,449 | 114,449 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2033-03-07 | 114,449 | 114,449 | Direct |
Footnotes
- 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.
- 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.
- Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.06 to $70.23.
- Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.18 to $70.63.
- Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.53 to $70.63.
- 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.
- 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.
- 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.
- 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.
- 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.
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