Liang Stephen's Form 4 filing
Vertiv Holdings Co (VRT) · filed Mar 5, 2024
- Accession no.
- 0000950142-24-000640
- Filed
- Mar 5, 2024
- Trade date
- Mar 1, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 8 non-derivative transactions and 3 derivative transactions. Open-market sales total $21.5M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Liang StephenCIK 0001802752 | Officer (Chief Technology Officer & EVP) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +41,250 | $11.50 | +$474,375 | 112,062.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +101,047 | $20.93 | +$2,114,913.71 | 213,109.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +144,927 | $12.05 | +$1,746,370.35 | 358,036.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | SSaleDisposed | −41,250 | $70.01F1,F2 | −$2,887,912.5 | 316,786.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | SSaleDisposed | −101,047 | $70.10F3 | −$7,083,394.7 | 215,739.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | SSaleDisposed | −144,927 | $70.36F4 | −$10,197,063.72 | 70,812.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | SSaleDisposed | −18,962 | $70.54F5 | −$1,337,579.48 | 51,850.86 | Direct | |
| Mar 1, 2024 | Class A Common Stock | SSaleDisposed | −10 | $70.44 | −$704.4 | 51,840.86 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −41,250 | $0.00 | $0 | 123,750 | Direct | |
| Mar 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −101,047 | $0.00 | $0 | 33,683 | Direct | |
| Mar 1, 2024 | Class A Common Stock | MOption exerciseDisposed | −144,927 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
Referenced by the price of 1 transaction in Table I.
- F2
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.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.06 to $70.23.
Referenced by the price of 1 transaction in Table I.
- F4
Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.18 to $70.63.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average sale price. The trades were executed in a series of transactions with price ranges of $70.53 to $70.63.
Referenced by the price of 1 transaction in Table I.