William Patrick Bradley, SVP of Virtus Investment Partners, recently acquired 581 shares of the company. The buys took place at prices ranging from $0.00 to $76.60 per share, on March 15, 2016. Bradley now owns 8,168 shares of the company. Bradley operates out of Hartford, CT. Some additional info was provided as follows:
These shares comprise an award of restricted stock units ("RSUs") granted to the reporting person pursuant to the Company's 2016 Long Term Incentive Plan. Subject to acceleration in certain circumstances, the RSUs are scheduled to cliff vest on March 15, 2019 and will be settled for shares of common stock on a one-for-one basis upon vesting.
Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of th
e vesting of a RSU award.
This number includes (i) 288.59 shares aquired in connection with the Issuer's Employee Stock Purchase Plan; (ii) 568 RSUs that are scheduled to cliff vest on March 15, 2017; and (iii) 815 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.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: