Anders Karlborg - May 3, 2024 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Role
EVP, Man., Logistics and Op Ex
Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Stock symbol
VRT
Transactions as of
May 3, 2024
Transactions value $
-$3,821,977
Form type
4
Date filed
5/7/2024, 09:04 PM
Previous filing
Apr 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock +Options Exercise $556,782 +46,206 +200.87% $12.05 69,209 May 3, 2024 Direct F5
transaction VRT Class A Common Stock -Sell -$1,990,435 -21,336 -30.83% $93.29 47,873 May 3, 2024 Direct F1, F5
transaction VRT Class A Common Stock -Sell -$2,217,232 -23,560 -49.21% $94.11 24,313 May 3, 2024 Direct F2, F5
transaction VRT Class A Common Stock -Sell -$124,123 -1,310 -5.39% $94.75 23,003 May 3, 2024 Direct F3, F5
transaction VRT Class A Common Stock -Tax liability -$46,970 -505 -2.2% $93.01 22,498 May 4, 2024 Direct F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRT Stock Options -Options Exercise $0 -46,206 -100% $0.00 0 May 3, 2024 Class A Common Stock 46,206 $12.05 Direct F6

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $92.63 to $93.62. 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 2 and 3.
F2 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $93.63 to $94.60.
F3 Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $94.63 to $94.82.
F4 Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation upon vesting and settlement of restricted stock units (?RSUs?), including dividend-equivalent stock units (?DSUs?). Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares are mandatorily settled in cash.
F5 Includes shares, RSUs and DSUs.
F6 The option award vested and became exercisable in four equal tranches on February 7, 2021, February 7, 2022, February 7, 2023 and February 7, 2024.