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

Role
10%+ Owner
Signature
/s/ Joshua Levine, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Nov 17, 2022
Transactions value $
-$22,725,000
Form type
4
Date filed
11/21/2022, 08:00 PM
Previous filing
Nov 3, 2022
Next filing
Mar 2, 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 Nov 17, 2022 By The 2009 Jeffrey R. Westphal Generation-Skipping Trust F1
holding VERX Class A Common Stock 1.31M Nov 17, 2022 See Footnote F2
holding VERX Class A Common Stock 7.9K Nov 17, 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.