Virtus Investment Partners's EVP Head of Distribution just disposed of 586 shares

Barry M. Mandinach, Virtus Investment Partners's EVP Head of Distribution, recently disposed of 586 shares of the company. The disposals took place at $79.57 per share, on May 18, 2016. Mandinach still owns 8,083 shares of the company. Mandinach operates out of Hartford, CT. Some additional info was provided as follows:

Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of a RSU award. This number includes (i) 1,135 RSUs that are scheduled to cliff vest on May 18, 2017 (ii) 2,654 RSUs that are scheduled to cliff vest on May 19, 2017 (iii) 1,135 RSUs that are scheduled to cliff vest on May 18, 2018 and (iv) 2,610 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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