Form 4 for IIIV i3 Verticals, Inc.
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-12 · accession 0001209191-23-029823 · 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 | 2023-05-16 | 2023-05-12 | IIIV | WHITSON CLAY M | CFO, Dir | G - Gift | $0.00 | -35.6K | 0 | -100% | $0 |
| DI | 2023-05-16 | 2023-05-12 | IIIV | WHITSON CLAY M | CFO, Dir | G - Gift | $0.00 | -35.6K | 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 B common stock, par value $0.0001 per share | 2023-05-12 | G | D | 35,570 | $0.00 | 0 | I By Clay M. Whitson 2018 GRAT | — | — | (F2) Represents shares of Class B Common Stock of the Issuer held by the Trust. |
| 2 | Derivative | Common Units | 2023-05-12 | G | D | 35,570 | $0.00 | 0 | I By Clay M. Whitson 2018 GRAT | — · — to — | 35,570 Class A common stock, par value $0.0001 per share | (F8) Represents Common Units held by the Trust. (F5) The Common Units may be redeemed by the Reporting Person at any time for an equal number of shares of Class A Common Stock or, at the election of i3 Verticals, LLC, cash equal to the volume-weighted average market price of such shares. Upon the Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled. (F7) All Common Units are fully vested and have no expiration date. |