Form 4 for VERX Vertex, Inc.

Accepted 2024-12-16 00:00:00 ET · period of report 2024-12-12 · accession 0001104659-24-129064 · 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	2024-12-16	2024-12-12	VERX	Westphal Jeffrey	See Remarks	C - Cnv Deriv	$0.00	+575.0K	575.0K	New	$0
DI	2024-12-16	2024-12-12	VERX	Westphal Jeffrey	See Remarks	S - Sale	$53.01	-575.0K	0	-100%	-$30.48M
DI	2024-12-16	2024-12-12	VERX	Westphal Jeffrey	See Remarks	C - Cnv Deriv	$0.00	-575.0K	2.64M	-18%	$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	2024-12-12	C	A	575,000	$0.00	575,000	I By The 2009 Jeffrey R. Westphal Generation Skipping Trust	—	—
2	Common	Class A Common Stock	2024-12-12	S	D	575,000	$53.01	0	I By The 2009 Jeffrey R. Westphal Generation Skipping Trust	—	—
3	Derivative	Class B Common Stock	2024-12-12	C	D	575,000	$0.00	2,639,927	I By The 2009 Jeffrey R. Westphal Generation Skipping Trust	— · — to —	575,000 Class A Common Stock	(F1) The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis either (1) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (2) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.