Form 4 for VERX Vertex, Inc.
Accepted 2023-09-18 00:00:00 ET · period of report 2023-09-14 · accession 0001415889-23-013329 · 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 | 2023-09-18 | 2023-09-14 | VERX | DeStefano David | Pres, CEO, Dir | M - OptEx | $2.96 | +501.5K | 580.7K | +632% | +$1.48M |
| DM | 2023-09-18 | 2023-09-14 | VERX | DeStefano David | Pres, CEO, Dir | F - Tax | $20.75 | -291.7K | 468.8K | -38% | -$6.05M |
| DM | 2023-09-18 | 2023-09-14 | VERX | DeStefano David | Pres, CEO, Dir | M - OptEx | $0.00 | -501.5K | 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 A Common Stock | 2023-09-14 | M | A | 314,865 | $2.50 | 573,939 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-09-14 | F | D | 179,779 | $20.75 | 394,160 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-09-14 | M | A | 186,588 | $3.73 | 580,748 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-09-14 | F | D | 111,950 | $20.75 | 468,798 | D | — | — | |
| 5 | Derivative | Stock Option | 2023-09-14 | M | D | 186,588 | $0.00 | 185,591 | D | $3.73 · — to 2029-12-20 | 186,588 Class A Common Stock | (F2) This option became exercisable with respect to 50% of the shares on December 27, 2021, and will vest with respect to the remaining shares on December 27, 2024. |
| 6 | Derivative | Stock Option | 2023-09-14 | M | D | 314,865 | $0.00 | 0 | D | $2.50 · — to 2026-01-01 | 314,865 Class A Common Stock | (F1) This option is fully vested and exercisable. |