Filing Details
- Accession Number:
- 0001104659-20-089195
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-07-31 17:35:50
- Reporting Period:
- 2020-07-29
- Accepted Time:
- 2020-07-31 17:35:50
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1806837 | Vertex Inc. | VERX | Services-Prepackaged Software (7372) | 232081753 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1818526 | David Destefano | C/O Vertex, Inc. 2301 Renaissance Blvd King Of Prussia PA 19406 | President & Ceo | Yes | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-07-28 | 210,527 | $0.00 | 210,527 | No | 4 | A | Direct | |
| Class A Common Stock | Acquisiton | 2020-07-29 | 390,107 | $0.15 | 600,634 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-07-29 | 164,185 | $19.00 | 436,449 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2020-07-31 | 160,922 | $17.77 | 275,527 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Appreciation Rights | Disposition | 2020-07-28 | 53,028 | $19.00 | 53,028 | $2.50 |
| Class A Common Stock | Stock Option | Disposition | 2020-07-29 | 390,107 | $0.00 | 390,107 | $0.15 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | No | 4 | D | Direct | |
| 635,893 | No | 4 | M | Direct |
Footnotes
- Reflects awards of restricted stock, which were previously reported on the Reporting Person's Form 3 filed on July 29, 2020, and are being reported herein pursuant to Rule 16a-2(a).
- Represents a sale pursuant to the underwriters' exercise of overallotment option.
- Fully vested and exercisable.
- In connection with the Issuer's initial public offering, these stock appreciation rights were automatically net exercised and the resulting shares were repurchased by the Issuer at the initial public offering price of $19.00 per share.
- Fully vested and exercisable and has no expiration date.
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