March 15, 2024 · Form 4 insider transaction
Smirl Richard W bought 2,162 shares of Virtus Investment Partners Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2024 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to vest ratably over the next three years and will be settled for shares of common stock on a one-for-one basis upon vesting.; This number includes (i) 309.771 shares acquired in connection with the Issuer's Employee Stock Purchase Plan, (ii) 1,545 RSUs that are scheduled to vest on May 3, 2024, (iii) 2,458 RSUs that are scheduled to vest on March 14, 2025, (iv) 937 RSUs that are scheduled to vest on May 3, 2025, (v) 1,696 RSUs that are scheduled to vest on March 13, 2026, and (vi) 721 RSUs that are scheduled to vest on March 15, 2027.