Form 4 for VERX Vertex, Inc.
Accepted 2025-05-22 00:00:00 ET · period of report 2025-05-20 · accession 0001415889-25-014131 · 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 | 2025-05-22 | 2025-05-20 | VERX | ITEM SECOND IRR. TRUST FBO MACKENZIE S. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001 | 10%, 13(d) Group Member | C - Cnv Deriv | $0.00 | +600.0K | 600.0K | New | $0 |
| D | 2025-05-22 | 2025-05-20 | VERX | ITEM SECOND IRR. TRUST FBO MACKENZIE S. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001 | 10%, 13(d) Group Member | C - Cnv Deriv | $0.00 | -600.0K | 1.34M | -31% | $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 | 2025-05-20 | C | A | 600,000 | $0.00 | 600,000 | D | — | — | |
| 2 | Derivative | Class B Common Stock | 2025-05-20 | C | D | 600,000 | $0.00 | 1,341,750 | D | — · — to — | 600,000 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. |