How many share of Virtus common stock did Phoenix distribute to me?
As a shareholder of PNX common stock on the record date, you were entitled to receive one share of Virtus common stock for every 20 shares of PNX common stock that you held on the record date. If you owned fewer than 20 shares of PNX common stock as of the record date, you will receive a check for cash in lieu of Virtus stock. Phoenix is not issuing fractional shares of Virtus stock, so you will receive a check for cash in lieu of fractional shares of Virtus stock.
As a shareholder of Phoenix common stock on the record date, you were entitled to receive one share of Virtus common stock for every 20 shares of Phoenix common stock that you held on the record date. Phoenix did not issue fractional shares of Virtus common stock to its shareholders as part of the spin-off, so Phoenix shareholders who would otherwise have been entitled to receive fractional shares as part of the spin-off can expect to receive a check for cash in lieu of Virtus common stock in late February. Your shares will be viewable online at Mellon Investor Services at that time.
