Form 4/A for VERX Vertex, Inc.

Accepted 2025-01-03 00:00:00 ET · period of report 2024-12-20 · accession 0001104659-25-000962 · 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
DA	2025-01-03	2024-12-20	VERX	Westphal Jeffrey	See Remarks	C - Cnv Deriv	$0.00	+450.0K	457.9K	+5,700%	$0
DA	2025-01-03	2024-12-20	VERX	Westphal Jeffrey	See Remarks	C - Cnv Deriv	$0.00	-450.0K	388.0K	-54%	$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	2024-12-20	C	A	450,000	$0.00	457,895	D	—	—
2	Derivative	Class B Common Stock	2024-12-20	C	D	450,000	$0.00	388,000	D	— · — to —	388,000 Class A Common Stock	(F1) On December 24, 2024, the Reporting Person converted 450,000 shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A common stock. These shares were inadvertently reported on the Form 4 filed by the Reporting Person on December 26, 2024 as transferred from the The 2009 Jeffrey R. Westphal Generation Skipping Trust ("GST") to the Reporting Person's individual account. The GST's ownership and the Reporting Person's direct ownership have been adjusted to correct this error. (F2) 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.