Company: VRT
Filing Date: 2025-10-14
Form Type: 8-K
Source: 0001628280-25-044836
Chunk: 1

Company: Vertiv Holdings Co
Filing Date: 2025-10-14
Form: 8-K
Item: Item 5.02
Chunk 1
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-K.

In connection with Mr. Chamberlin’s appointment, the Company entered into an offer letter (the “ Offer Letter”) with him, which provides that he will receive an annual base salary of $750,000 and will be eligible to participate in the Vertiv Income Plan (“ VIP”) with an annual target bonus opportunity of 100% of his base salary. He will also be eligible to receive, pursuant to the Company’s 2020 Stock Incentive Plan, (i) starting in March 2026, an annual equity grant with a target grant date fair value equal to $2,000,000, and (ii) in connection with his appointment, a one-time sign-on cash award equivalent to $300,000 and a one-time sign-on equity grant of restricted stock units with a target grant date fair value of $1,050,700, to vest over 3 years (as to 50%, 30% and 20% after one, two and three years, respectively).

He will also be subject to the Executive Employment Policy of the Company and receive other benefits from the Company, including participation in the Company’s 401(k) plan and benefits program; executive severance under the Company’s Employment Policy if his employment is involuntarily terminated for a reason other than “ Cause” or if he terminates for “ Good Reason” (as each is defined in the Company’s Executive Employment Policy in effect at such termination); and termination benefits under the Company’s Change of Control Plan upon occurrence of events specified therein. Mr. Chamberlin executed an agreement subjecting him to confidentiality provisions and certain post-termination non-competition and non-solicitation covenants. A copy of the Offer Letter will be filed as an exhibit to the Company’s next quarterly report on Form 10-Q and is incorporated by reference herein. The foregoing summary of the Offer Letter does not purport to be complete and is subject to and qualified in its entirety by reference to the Offer Letter.

Item 7.01 Regulation FD