Filing Details
- Accession Number:
- 0001104659-22-085259
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-02 16:55:11
- Reporting Period:
- 2022-07-29
- Accepted Time:
- 2022-08-02 16:55:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1818851 | Jeffery Westphal | C/O Vertex, Inc. 2301 Renaissance Blvd King Of Prussia PA 19406 | No | No | Yes | 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 | Disposition | 2022-07-29 | 5,000,000 | $7.35 | 11,300,000 | No | 4 | S | Indirect | By The 2009 Jeffrey R. Westphal Generation Skipping Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By The 2009 Jeffrey R. Westphal Generation Skipping Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Call Option (Obligation to Sell) | Disposition | 2022-07-29 | 750,000 | $0.00 | 750,000 | $7.85 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-07-29 | 2022-10-27 | No | 4 | S | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 1,345,950 | Indirect | See Footnote |
| Class A Common Stock | 7,895 | Direct |
Footnotes
- Represents shares held by The 2009 Jeffrey R. Westphal Generation-Skipping Sub-Trust for Jenifer R. Westphal (the "Sub-Trust"), of which the Reporting Person's spouse is trustee.
- In connection with the privately negotiated sale of shares of Class A Common Stock reported herein, the Reporting Person granted the buyer an option to purchase up to 750,000 additional shares of Class A Common Stock at a price of $7.85 per share.
Billionaire Hedge Funds
