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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option | $ 12.05 | (4)(5) | 02/07/2030 | Class A Common Stock | 115,942 | 115,942 | D | ||||||||
| Stock Option | $ 20.56 | (4)(5) | 02/04/2031 | Class A Common Stock | 115,942 | 115,942 | D | ||||||||
| Stock Option | $ 11.5 | (4)(5) | 03/03/2032 | Class A Common Stock | 115,942 | 115,942 | D | ||||||||
| Stock Option | $ 15.84 | (4)(5) | 03/07/2033 | Class A Common Stock | 100,000 | 100,000 | D | ||||||||
| Stock Option | $ 72.09 | (4)(5) | 03/07/2034 | Class A Common Stock | 50,000 | 50,000 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| COTE DAVID M C/O VERTIV HOLDINGS CO 505 N. CLEVELAND AVE WESTERVILLE, OH 43082 |
X | Executive Chairman | ||
| /s/ Eric Broxterman, as attorney-in-fact | 07/31/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The Reporting Person previously indirectly beneficially owned these shares of Class A common stock through Atlanta Sons LLC. As of July 30, 2024, the Reporting Person has ceased to serve as manager of Atlanta Sons LLC and therefore has ceased to have beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by Atlanta Sons LLC. |
| (2) | Reflects securities held directly by the Reporting Person's spouse. |
| (3) | Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee. |
| (4) | 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, (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 and 28,985 on February 4, 2024, and which will vest as to 28,985 on February 4, 2025, (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 which will vest as to 28,986 on each of March 3, 2025 and March 3, 2026, (cont'd in FN5) |
| (5) | (cont'd from FN4) (iv) 100,000 stock options granted on March 7, 2023, which vested as to 25,000 on March 15, 2024 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, dispositions or other transactions with respect to the stock options are being reported in this Form 4. |