Form 4 for VERX Vertex, Inc.
Accepted 2021-11-12 00:00:00 ET · period of report 2021-03-01 · accession 0001415889-21-005165 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-12 | 2020-07-28 | VERX | SCHWAB JOHN R | CFO | A - Grant | $0.00 | +53 | 2,685 | +2% | $0 |
| DM | 2021-11-12 | 2021-03-01 | VERX | SCHWAB JOHN R | CFO | A - Grant | $0.00 | +14.9K | 7,999 | 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 | 2020-07-28 | A | A | 53 | $0.00 | 2,685 | D | — | — | (F1) Reflects 53 shares of restricted stock that was inadvertently omitted from the filer's Form 3. The amount reported in column 5 reflects the number of shares of Class A Common Stock beneficially owned as of the date hereof. |
| 2 | Derivative | Restricted Stock Units | 2021-03-01 | A | A | 6,883 | $0.00 | 6,883 | D | — · — to — | 6,883 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock. (F4) Represents an award of restricted stock units that will vest as to 50% of the shares on March 1, 2023, and 25% of the shares on each of March 1, 2024 and March 1, 2025. |
| 3 | Derivative | Stock Option | 2021-03-01 | A | A | 7,999 | $0.00 | 7,999 | D | $32.16 · — to 2031-03-01 | 7,999 Class A Common Stock | (F2) 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. |