Form 4 for VERX Vertex, Inc.
Accepted 2022-08-02 00:00:00 ET · period of report 2022-07-29 · accession 0001104659-22-085259 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-08-02 | 2022-07-29 | VERX | Westphal Jeffery | 10% | S - Sale | $7.35 | -5.00M | 11.30M | -31% | -$36.75M |
| DI | 2022-08-02 | 2022-07-29 | VERX | Westphal Jeffery | 10% | S - Sale | $0.00 | -750.0K | 0 | -100% | $0 |
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 | 2022-07-29 | S | D | 5,000,000 | $7.35 | 11,300,000 | I By The 2009 Jeffrey R. Westphal Generation Skipping Trust | — | — | |
| 2 | Derivative | Call Option (Obligation to Sell) | 2022-07-29 | S | D | 750,000 | $0.00 | 0 | I By The 2009 Jeffrey R. Westphal Generation Skipping Trust | $7.85 · 2022-07-29 to 2022-10-27 | 750,000 Class A Common Stock | (F2) In connection with the privately negotiated sale of shares of Class A Common Stock reported herein, the Reporting Person granted the buyer an option to purchase up to 750,000 additional shares of Class A Common Stock at a price of $7.85 per share. |