Filing Details
- Accession Number:
- 0001104659-24-106765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-10-07 18:33:34
- Reporting Period:
- 2024-10-03
- Accepted Time:
- 2024-10-07 18:33:34
- 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 | Jeffrey 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 | Acquisiton | 2024-10-03 | 170,359 | $0.00 | 1,225,000 | No | 4 | C | Indirect | By The 2009 Jeffrey R. Westphal Generation Skipping Trust |
| Class A Common Stock | Disposition | 2024-10-03 | 1,225,000 | $39.42 | 0 | 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 | C | Indirect | By The 2009 Jeffrey R. Westphal Generation Skipping Trust |
| 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 | Class B Common Stock | Disposition | 2024-10-03 | 170,359 | $0.00 | 170,359 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,578,927 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 7,895 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 838,000 | 838,000 | Direct | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 1,153,756 | 1,153,756 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 332,244 | 332,244 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 838,000 | 838,000 | Direct | |
| 1,153,756 | 1,153,756 | Indirect | |
| 332,244 | 332,244 | Indirect |
Footnotes
- The conversion reflected here was finalized on October 4, 2024.
- The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis either (1) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (2) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.
Billionaire Hedge Funds
