SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Shreves Kenneth W

(Last)

(First)

(Middle)

2424 GARDEN OF THE GODS ROAD

SUITE 300

(Street)

COLORADO SPRINGS

80919

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Vectrus, Inc. [ VEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Bus. Dev.

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Vectrus, Inc. Common Stock	03/04/2022		M		961	A	$0⁽¹⁾	5,484	D
Vectrus, Inc. Common Stock	03/04/2022		F		275	D	$45.9	5,209	D
Vectrus, Inc. Common Stock	03/04/2022		M		715	A	$0⁽¹⁾	5,924	D
Vectrus, Inc. Common Stock	03/04/2022		F		207	D	$45.9	5,717	D
Vectrus, Inc. Common Stock	03/05/2022		M		471	A	$0⁽¹⁾	6,188	D
Vectrus, Inc. Common Stock	03/05/2022		F		137	D	$45.9	6,051	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/04/2022		M			961	⁽²⁾	⁽²⁾	Vectrus, Inc. Common Stock	961	$0	0	D
Restricted Stock Units	⁽¹⁾	03/04/2022		M			715	⁽³⁾	⁽³⁾	Vectrus, Inc. Common Stock	715	$0	1,430	D
Restricted Stock Units	⁽¹⁾	03/05/2022		M			471	⁽⁴⁾	⁽⁴⁾	Vectrus, Inc. Common Stock	471	$0	471	D

Explanation of Responses:

1. These restricted stock units ("RSUs") convert to Vectrus, Inc. common stock on a one-for-one basis.

2. These securities were previously granted on March 4, 2019 and vest in three equal annual installments beginning on March 4, 2020.

3. These securities were previously granted on March 4, 2021 and vest in three equal annual installments beginning on March 4, 2022.

4. These securities were previously granted on March 5, 2020 and vest in three equal annual installments beginning on March 5, 2021. Because March 5, 2022 was a Saturday, the average high/low price from Friday, March 4, 2022 was used to value the vesting.

Remarks:

	/s/ Courtney A. Schoch, Attorney-in-Fact	03/08/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

SEC Form 4: Shreves Kenneth W converted options into 2,147 units of Vectrus and covered exercise/tax liability with 619 units of Vectrus, increasing direct ownership by 34% to 6,051 units