Form 4 for VERX Vertex, Inc.
Accepted 2021-12-01 00:00:00 ET · period of report 2021-11-30 · accession 0001415889-21-005618 · 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 | 2021-12-01 | 2021-11-30 | VERX | 10% | C - Cnv Deriv | $0.00 | +1.21M | 13.31M | +10% | $0 | |
| DI | 2021-12-01 | 2021-11-30 | VERX | 10% | C - Cnv Deriv | $0.00 | -1.21M | 14.75M | -8% | $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 | 2021-11-30 | C | A | 1,210,000 | $0.00 | 13,310,000 | I By The 2009 Jeffrey R. Westphal Generation Skipping Trust | — | — | |
| 2 | Derivative | Class B Common Stock | 2021-11-30 | C | D | 1,210,000 | $0.00 | 14,749,286.24 | I By The 2009 Jeffrey R.Westphal Generation Skipping Trust | — · — to — | 1,210,000 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 upon either (1) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (2) the voting power of the Issuer's outstanding Class B Common Stock representing less than 10% of the combined voing power of all of the Issuer's outstanding common stock. |