Form 4 for VERX Vertex, Inc.
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-23 · accession 0001415889-24-005481 · 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 | 2024-02-27 | 2024-02-23+ | VERX | DeStefano David | Pres, CEO, Dir | F - Tax | $24.71 | -101.8K | 447.6K | -19% | -$2.52M |
| DM | 2024-02-27 | 2024-02-23+ | VERX | DeStefano David | Pres, CEO, Dir | M - OptEx | $0.00 | +210.6K | 556.9K | +61% | $0 |
| DM | 2024-02-27 | 2024-02-23+ | VERX | DeStefano David | Pres, CEO, Dir | M - OptEx | $0.00 | -210.6K | 218.5K | -49% | $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 | 2024-02-24 | F | D | 55,873 | $24.71 | 500,988 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-02-23 | M | A | 101,395 | $0.00 | 493,585 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-02-24 | M | A | 109,233 | $0.00 | 556,861 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-02-23 | F | D | 45,957 | $24.71 | 447,628 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-02-23 | M | D | 101,395 | $0.00 | 304,186 | D | — · — to — | 101,395 Class A Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F2) The remaining restricted stock units will vest in three equal annual installments on each of February 23, 2025 and February 23, 2026 and February 23, 2027 and have no expiration date. |
| 6 | Derivative | Restricted Stock Units | 2024-02-24 | M | D | 109,233 | $0.00 | 218,465 | D | — · — to — | 109,233 Class A Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) The remaining restricted stock units will vest in two equal annual installments on each of February, 24, 2025 and February 24, 2026 and have no expiration date. |