Filing Details

Accession Number:
0000950170-23-052704
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-10 17:30:06
Reporting Period:
2023-10-06
Accepted Time:
2023-10-10 17:30:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1806837 Vertex Inc. VERX () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598843 Tensile Capital Management Lp 700 Larkspur Landing Circle
Suite 255
Larkspur CA 94939
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 Disposition 2023-10-06 120,000 $24.25 5,686,717 No 4 S Indirect By Tensile Capital Partners Master Fund
Class A Common Stock Disposition 2023-10-09 20,000 $23.98 5,666,717 No 4 S Indirect By Tensile Capital Partners Master Fund LP
Class A Common Stock Disposition 2023-10-10 10,000 $24.55 5,656,717 No 4 S Indirect By Tensile Capital Partners Master Fund LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Tensile Capital Partners Master Fund
No 4 S Indirect By Tensile Capital Partners Master Fund LP
No 4 S Indirect By Tensile Capital Partners Master Fund LP
Footnotes
  1. The shares are held directly by Tensile Capital Partners Master Fund LP. The reporting persons ("Reporting Persons") are Douglas J. Dossey, Arthur C. Young, Tensile Capital Management LP, Tensile Capital Management GP LLC, Tensile Capital GP LLC and Tensile Capital Partners Master Fund LP.
  2. The general partner and investment adviser of Tensile Capital Partners Master Fund LP are Tensile Capital GP LLC and Tensile Capital Management LP, respectively. The general partner of Tensile Capital Management LP is Tensile Capital Management GP LLC.
  3. Douglas J. Dossey and Arthur C. Young are the controlling principals of Tensile Capital Management LP, Tensile Capital Management GP LLC, and Tensile Capital GP LLC. Each of the Reporting Persons may be deemed to share beneficial ownership of the shares with Tensile Capital Partners Master Fund LP. Each of the Reporting Persons disclaim beneficial ownership of the shares, except to the extent of such person's pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.