Filing Details
- Accession Number:
- 0001415889-22-012133
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-06 16:31:25
- Reporting Period:
- 2022-12-02
- Accepted Time:
- 2022-12-06 16:31:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1806837 | Vertex Inc. | VERX | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1249289 | R John Schwab | C/O Vertex, Inc. 2301 Renaissance Blvd King Of Prussia PA 19406 | Chief Financial Officer | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-12-02 | 16,662 | $4.70 | 22,241 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-12-02 | 16,662 | $16.79 | 5,579 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2022-12-05 | 899 | $4.70 | 6,478 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-12-05 | 899 | $16.28 | 5,579 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | 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 Option | Disposition | 2022-12-02 | 16,662 | $4.70 | 16,662 | $4.70 |
| Class A Common Stock | Stock Option | Disposition | 2022-12-05 | 899 | $4.70 | 899 | $4.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 479,811 | 2022-02-05 | 2030-02-05 | No | 4 | M | Direct |
| 478,912 | 2022-02-05 | 2030-02-05 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.75 to $16.86, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.26 to $16.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- This option became exercisable with respect to 50% of the shares on February 5, 2022, and will vest with respect to the remaining shares on February 5, 2025.
Billionaire Hedge Funds
