VIRTUS INVESTMENT PARTNERS, INC. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds As of June 30, 2020 , 4,930,045 shares of our common stock had been authorized to be repurchased under the share repurchase program approved by our Board of Directors, and 816,585 shares remained available for repurchase. Under the terms of the program, we may repurchase shares of our common stock from time to time at our discretion through open market repurchases, privately negotiated transactions and/or other mechanisms, depending on price and prevailing market and business conditions. The program, which has no specified term, may be suspended or terminated at any time. The following table sets forth information regarding our share repurchases in each month during the quarter ended June 30, 2020 : Period Total number of shares purchased Average price paid per share (1) Total number of shares purchased as part of publicly announced plans or programs (2) Maximum number of shares that may yet be purchased under the plans or programs (2) April 1-30, 2020 — $ — — 141,482 May 1-31, 2020 38,705 $ 89.46 38,705 852,777 June 1-30, 2020 36,192 $ 111.49 36,192 816,585 Total 74,897 74,897 (1) Average price paid per share is calculated on a settlement basis and excludes commissions. (2) The share repurchases above were completed pursuant to a program announced in the fourth quarter of 2010 and most recently expanded in May 2020. This repurchase program is not subject to an expiration date. There were no unregistered sales of equity securities during the period covered by this Quarterly Report. Shares of our common stock purchased by participants in our Employee Stock Purchase Plan were delivered to participant accounts via open market purchases at fair value by the third-party administrator under the plan. We do not reserve shares for this plan or discount the purchase price of the shares. Item 6. Exhibits Exhibit Number Description 31.1 Certification of the Registrant’s Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Certification of the Registrant’s Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1 Certification of the Registrant’s Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101 The following information formatted in iXBRL (Inline eXtensible Business Reporting Language): (i) Condensed Consolidated Balance Sheets (Unaudited) as of June 30, 2020 and December 31, 2019, (ii) Condensed Consolidated Statements of Operations (Unaudited) for the three and six months ended June 30, 2020 and 2019, (iii) Condensed Consolidated Statements of Comprehensive Income (Unaudited) for the three and six months ended June 30, 2020 and 2019, (iv) Condensed Consolidated Statements of Cash Flows (Unaudited) for the six months ended June 30, 2020 and 2019, (v) Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three and six months ended June 30, 2020 and 2019 and (vi) Notes to Condensed Consolidated Financial Statements (Unaudited). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101) 33 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: August 6, 2020 VIRTUS INVESTMENT PARTNERS, INC. (Registrant) By: /s/ Michael A. Angerthal Michael A. Angerthal Executive Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) 34