Jeffrey Westphal - 17 Nov 2022 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
10%+ Owner
Signature
/s/ Joshua Levine, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
17 Nov 2022
Transactions value $
-$22,725,000
Form type
4
Date filed
21 Nov 2022, 20:00
Previous filing
03 Nov 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Sale -$22.7M -1.5M -14.22% $15.15 9.05M 17 Nov 2022 By The 2009 Jeffrey R. Westphal Generation-Skipping Trust F1
holding VERX Class A Common Stock 1.31M 17 Nov 2022 See Footnote F2
holding VERX Class A Common Stock 7.9K 17 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Class A Common Stock to be sold pursuant to a registered block trade transaction in connection with an Underwriting Agreement, dated November 17, 2022, by and among the Company, the Selling Stockholder and the Underwriter, each as defined therein, that will close on November 22, 2022, subject to satisfaction of customary closing conditions.
F2 Represents shares held by The 2009 Jeffrey R. Westphal Generation-Skipping Trust for Jenifer R. Westphal, of which the Reporting Person's spouse is trustee.