DAVID MARTIN ROBERTS - 02 Mar 2023 Form 4 Insider Report for VERRA MOBILITY Corp (VRRM)

Role
President and CEO, Director
Signature
/s/ David M. Roberts by Raphael Avraham, as Attorney-in-Fact
Issuer symbol
VRRM
Transactions as of
02 Mar 2023
Transactions value $
$-611,793
Form type
4
Filing time
06 Mar 2023, 17:54:17 UTC
Previous filing
27 Feb 2023
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRRM Class A Common Stock Sale $-441,025 -25,000 -4.9% $17.64 485,636 02 Mar 2023 Direct F1, F2
transaction VRRM Class A Common Stock Options Exercise $0 +16,106 +3.32% $0.000000 501,742 03 Mar 2023 Direct F3
transaction VRRM Class A Common Stock Tax liability $-80,236 -4,528 -0.9% $17.72 497,214 03 Mar 2023 Direct
transaction VRRM Class A Common Stock Options Exercise $0 +9,131 +1.84% $0.000000 506,345 04 Mar 2023 Direct F3
transaction VRRM Class A Common Stock Tax liability $-44,211 -2,495 -0.49% $17.72 503,850 04 Mar 2023 Direct
transaction VRRM Class A Common Stock Options Exercise $0 +9,568 +1.9% $0.000000 513,418 05 Mar 2023 Direct F3
transaction VRRM Class A Common Stock Tax liability $-46,320 -2,614 -0.51% $17.72 510,804 05 Mar 2023 Direct
holding VRRM Class A Common Stock 219,745 02 Mar 2023 Trust

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 VRRM Restricted Stock Units Award $0 +63,380 $0.000000 63,380 02 Mar 2023 Class A Common Stock 63,380 $0.000000 Direct F4
transaction VRRM Restricted Stock Units Options Exercise $0 -16,106 -25% $0.000000 48,318 03 Mar 2023 Class A Common Stock 16,106 $0.000000 Direct F5
transaction VRRM Restricted Stock Units Options Exercise $0 -9,131 -33.3% $0.000000 18,262 04 Mar 2023 Class A Common Stock 9,131 $0.000000 Direct F6
transaction VRRM Restricted Stock Units Options Exercise $0 -9,568 -50% $0.000000 9,569 05 Mar 2023 Class A Common Stock 9,568 $0.000000 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Roberts on November 21, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.78, inclusive. The reporting person undertakes to provide to the issuer, the shareholders of issuer or to 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 herein.
F3 Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.
F4 On March 2, 2023, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 2, 2024. Vested shares will be delivered to the reporting person on each settlement date.
F5 On May 11, 2022, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 3, 2023. Vested shares will be delivered to the reporting person on each settlement date.
F6 On March 17, 2021, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 4, 2022. Vested shares will be delivered to the reporting person on each settlement date.
F7 On March 6, 2020, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 5, 2021. Vested shares will be delivered to the reporting person on each settlement date.