Cheryl H.J. Lim - Aug 22, 2023 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Signature
/s/ Robert M. Wolfe, as attorney-in-fact
Stock symbol
VRT
Transactions as of
Aug 22, 2023
Transactions value $
-$103,826
Form type
4
Date filed
8/24/2023, 10:20 PM
Previous filing
Mar 9, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRT Class A Common Stock Tax liability -$104K -2.97K -15.34% $34.97 16.4K Aug 22, 2023 Direct F1, F2
holding VRT Class A Common Stock 746 Aug 22, 2023 By 401(k) plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes shares, RSUs and DSUs.
F3 Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.