David M. Cote - Mar 10, 2025 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Signature
/s/ Eric Broxterman, as attorney-in-fact
Stock symbol
VRT
Transactions as of
Mar 10, 2025
Transactions value $
$0
Form type
4
Date filed
3/11/2025, 08:00 PM
Previous filing
Mar 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRT Class A Common Stock 62.3K Mar 10, 2025 See Footnote F1
holding VRT Class A Common Stock 200 Mar 10, 2025 See Footnote F2

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 Option Gift -116K -100% 0 Mar 10, 2025 Class A Common Stock 116K $12.05 Direct F3, F4, F5
transaction VRT Stock Option Gift +116K 116K Mar 10, 2025 Class A Common Stock 116K $12.05 See Footnote F3, F4, F5
transaction VRT Stock Option Gift -116K -100% 0 Mar 10, 2025 Class A Common Stock 116K $20.56 Direct F3, F4, F5
transaction VRT Stock Option Gift +116K 116K Mar 10, 2025 Class A Common Stock 116K $20.56 See Footnote F3, F4, F5
transaction VRT Stock Option Gift -87K -75% 29K Mar 10, 2025 Class A Common Stock 87K $11.50 Direct F3, F4, F5
transaction VRT Stock Option Gift +87K 87K Mar 10, 2025 Class A Common Stock 87K $11.50 See Footnote F3, F4, F5
transaction VRT Stock Option Gift -25K -25% 75K Mar 10, 2025 Class A Common Stock 25K $15.84 Direct F3, F4, F5
transaction VRT Stock Option Gift +25K 25K Mar 10, 2025 Class A Common Stock 25K $15.84 See Footnote F3, F4, F5
holding VRT Stock Option 50K Mar 10, 2025 Class A Common Stock 50K $72.09 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects securities held directly by the Reporting Person's spouse.
F2 Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee.
F3 The Reporting Person holds an aggregate of 497,826 stock options, including (i) 115,942 stock options granted on February 7, 2020, which vested as to 28,985 on February 7, 2021, 28,986 on February 7, 2022, 28,985 on February 7, 2023, and 28,986 on February 7, 2024 (the "2020 Vested Options"), (ii) 115,942 stock options granted on February 4, 2021, which vested as to 28,986 on each of February 4, 2022 and February 4, 2023, 28,985 on February 4, 2024, and 28,985 on February 4, 2025 (the "2021 Vested Options"), (iii) 115,942 stock options granted on March 3, 2022, which vested as to 28,985 on each of March 3, 2023 and March 3, 2024, and 28,986 on March 3, 2025 (the "2022 Vested Options"), and which will vest as to 28,986 on March 3, 2026, (cont'd in FN4)
F4 (cont'd from FN3) (iv) 100,000 stock options granted on March 7, 2023, which vested as to 25,000 on March 15, 2024 (the "2023 Vested Options," and together with the 2020 Vested Options, the 2021 Vested Options and the 2022 Vested Options, the "Fully Vested Options"), and which will vest as to 25,000 on each of March 15, 2025, March 15, 2026 and March 15, 2027, and (v) 50,000 stock options granted to the reporting person on March 7, 2024, which will vest as to 12,500 on each of March 15, 2025, March 15, 2026, March 15, 2027 and March 15, 2028. No exercises with respect to the stock options are being reported in this Form 4.
F5 The Reporting Person previously directly beneficially owned these options. On March 10, 2025, the Reporting Person gifted the Fully Vested Options to a grantor retained annuity trust (the "trust"), of which the Reporting Person is the trustee and annuitant and over which securities the Reporting Person maintains indirect beneficial ownership. As of the date of this Form 4, these options have not been exercised and remain held by the trust.