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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890447	Vertex Energy Inc.	VTNR.OB	Refuse Systems (4953)	943439569

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1457698	Dan Borgen	1331 Gemini Street Suite 250 Houston TX 77058		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Series B Preferred Stock	Acquisiton	2010-05-13	150,000	$1.00	150,000	No	4	P	Indirect	Through Control of KKB Holdings LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Through Control of KKB Holdings LLC

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Purchase Warrant	Acquisiton	2010-05-13	150,000	$1.00	150,000	$2.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
150,000	2010-05-13	2013-05-13	No	4	P	Indirect

Footnotes

On May 13, 2010, KKB Holdings LLC, which is controlled by Dan Borgen, subscribed for 150,000 units in the registrant, each consisting of one share of common stock and one warrant to purchase one share of common stock for $2.00 per share, for an aggregate of $150,000 or $1.00 per unit.
Only represents warrants held by KKB Holdings LLC, and does not include any options previously granted by the registrant to Mr. Borgen as previously reported on Form 3.