Form 4 for VERX Vertex, Inc.
Accepted 2022-07-05 00:00:00 ET · period of report 2022-06-30 · accession 0001104659-22-077369 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-07-05 | 2022-06-30+ | VERX | Westphal Jeffery | 10% | S - Sale | $11.24 | -211.9K | 1.45M | -13% | -$2.38M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-06-30 | S | D | 150,000 | $11.32 | 1,511,420 | I See Footnote | — | — | (F1) Represents shares held by The 2009 Jeffrey R. Westphal Generation-Skipping Sub-Trust for Jenifer R. Westphal (the "Sub-Trust"), of which the Reporting Person's spouse is trustee. The Reporting Person transferred the shares to the Sub-Trust in a transaction exempt from reporting under Rule 16a-13. In addition, the sale reported on the Reporting Person's Form 4 filed on May 25, 2022 was made by the Sub-Trust rather than The 2009 Jeffrey R. Westphal Generation-Skipping Trust. |
| 2 | Common | Class A Common Stock | 2022-07-01 | S | D | 61,855 | $11.06 | 1,449,565 | I See Footnote | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.00 to $11.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F1) Represents shares held by The 2009 Jeffrey R. Westphal Generation-Skipping Sub-Trust for Jenifer R. Westphal (the "Sub-Trust"), of which the Reporting Person's spouse is trustee. The Reporting Person transferred the shares to the Sub-Trust in a transaction exempt from reporting under Rule 16a-13. In addition, the sale reported on the Reporting Person's Form 4 filed on May 25, 2022 was made by the Sub-Trust rather than The 2009 Jeffrey R. Westphal Generation-Skipping Trust. |