Form 4 for VERX Vertex, Inc.
Accepted 2021-11-12 00:00:00 ET · period of report 2021-03-01 · accession 0001415889-21-005163 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-12 | 2021-03-17 | VERX | Rowland Bryan T.R. | GC | F - Tax | $25.67 | -57.4K | 38.3K | -60% | -$1.47M |
| DM | 2021-11-12 | 2021-03-17 | VERX | Rowland Bryan T.R. | GC | M - OptEx | $3.45 | +124.6K | 100.8K | New | +$429.9K |
| DM | 2021-11-12 | 2021-03-17 | VERX | Rowland Bryan T.R. | GC | M - OptEx | $0.00 | -124.6K | 62.4K | -67% | $0 |
| DM | 2021-11-12 | 2021-03-01 | VERX | Rowland Bryan T.R. | GC | A - Grant | $0.00 | +7,492 | 3,465 | New | $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 | 2021-03-17 | F | D | 30,951 | $25.67 | 70,292 | D | — | — | (F1) Includes 53 shares of restricted stock that were inadvertently omitted from filer's Form 3 and 417 shares acquired through the Company's Employee Stock Purchase Plan. The amount reported in column 5 reflects the number of shares of Class A Common Stock beneficially owned as of the date hereof. |
| 2 | Common | Class A Common Stock | 2021-03-17 | M | A | 62,196 | $3.73 | 64,828 | D | — | — | |
| 3 | Common | Class A Common Stock | 2021-03-17 | M | A | 62,430 | $3.17 | 100,773 | D | — | — | |
| 4 | Common | Class A Common Stock | 2021-03-17 | F | D | 26,485 | $25.67 | 38,343 | D | — | — | |
| 5 | Derivative | Stock Option | 2021-03-17 | M | D | 62,196 | $0.00 | 62,196 | D | $3.73 · — to 2029-02-07 | 62,196 Class A Common Stock | (F2) This option became exercisable with respect to 50% of the shares on February 7, 2021, and will vest with respect to the remaining shares on February 7, 2024. |
| 6 | Derivative | Stock Option | 2021-03-01 | A | A | 4,027 | $0.00 | 4,027 | D | $32.16 · — to 2031-03-01 | 4,027 Class A Common Stock | (F4) This option will vest and become exercisable with respect to 25% of the shares on each of March 1, 2022, March 1, 2023, March 1, 2024 and March 1, 2025. |
| 7 | Derivative | Restricted Stock Units | 2021-03-01 | A | A | 3,465 | $0.00 | 3,465 | D | — · — to — | 3,465 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) Represents an award of restricted stock units that will vest as to 50% of the amount of shares on March 1, 2023, and 25% of the shares on each of March 1, 2024 and March 1, 2025. |
| 8 | Derivative | Stock Option | 2021-03-17 | M | D | 62,430 | $0.00 | 62,433 | D | $3.17 · — to 2028-02-09 | 62,430 Class A Common Stock | (F3) This option became exercisable as to 50% of the shares on the date of grant and will vest with respect to the remaining shares on February 9, 2023. |