SEC Form 4 · accession 0000883237-17-000016
VIRTUS INVESTMENT PARTNERS, INC. · VRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George R Aylward
Officer — Director, CEO and President · Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 6:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883237
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 7, 2017 | M | 2,500 | $40.00 | A | 146,620 | D | |
| Common StockF1 | Feb 8, 2017 | M | 8,399 | $40.00 | A | 155,019 | D | |
| Common StockF3,F4 | Feb 8, 2017 | F | 4,959 | $108.10 | D | 150,060 | D | |
| Common Stock | holding | — | — | — | 70 | I | By 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $40.00 | Feb 7, 2017 | M | 2,500 | D | Feb 8, 2010 | Feb 8, 2017 | Common Stock | 2,500 | 0 | D |
| Stock Options | $40.00 | Feb 8, 2017 | M | 8,399 | D | Feb 8, 2010 | Feb 8, 2017 | Common Stock | 8,399 | 0 | D |
Explanation of responses
- F1Acquisition of common stock upon exercise of expiring employee stock options.
- F2The option exercise price was paid in cash.
- F3Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy option exercise price and tax withholding obligations.
- F4Includes (i) 1,399.618 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 11,388 RSUs that are scheduled to cliff vest on March 15, 2017, and (iii) 14,686 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.