George R Aylward, Director of Virtus Investment Partners and a director of the company, recently acquired 9,082 shares of the company. The buys took place at $39.89 per share, on January 29, 2016. Aylward now owns 129,371 shares of the company. Aylward operates out of Hartford, CT. Some additional info was provided as follows:
Acquisition of common stock upon exercise of employee stock option.
The aggregate option exercise price and associated payroll taxes were paid in cash.
This number includes (i) 1,266.901 shares aquired in connection with the Issuer's Employee Stock Purchase Plan; (ii) 6,821 RSUs that are scheduled to cliff vest on March 15, 2016; and (iii) 11,388 RSUs that are scheduled to cliff vest on March 15, 2017. RSUs will be settled for shares of common
stock on a one-for-one basis upon vesting.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Virtus Investment Partners makes a similar move, sign up!
Other recent filings from the company include the following:
Virtus Investment Partners Completes Acquisition Of - June 1, 2017