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
  1. 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.
  2. 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.
  3. 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.