Form 4 for VERX Vertex, Inc.

Accepted 2022-10-26 00:00:00 ET · period of report 2022-10-26 · accession 0001104659-22-111615 · 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	2022-10-26	2022-10-26	VERX	Westphal Jeffery	10%	X - OptEx	$7.85	-750.0K	10.55M	-7%	-$5.89M
DI	2022-10-26	2022-10-26	VERX	Westphal Jeffery	10%	X - OptEx	$0.00	-750.0K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-10-26	X	D	750,000	$7.85	10,550,000	I By The 2009 Jeffrey R. Westphal Generation Skipping Trust	—	—	(F1) In connection with the privately negotiated sale of shares of Class A Common Stock reported in the Form 4 filed on August 2, 2022, 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. The buyer exercised this option and the shares were paid for and delivered on October 26, 2022.
2	Derivative	Call Option (Obligation to Sell)	2022-10-26	X	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	(F1) In connection with the privately negotiated sale of shares of Class A Common Stock reported in the Form 4 filed on August 2, 2022, 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. The buyer exercised this option and the shares were paid for and delivered on October 26, 2022.