David DeStefano - 29 Feb 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
PRESIDENT & CEO, Director
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
29 Feb 2024
Transactions value $
-$6,559,993
Form type
4
Filing time
04 Mar 2024, 16:35:41 UTC
Previous filing
27 Feb 2024
Next filing
05 Mar 2024
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 Options Exercise $1.13M +450K +89.82% $2.50* 951K 29 Feb 2024 Direct
transaction VERX Class Tax liability -$7.68M -248K -26.07% $31.00 703K 29 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VERX Stock Option Options Exercise $0 -450K -35.73% $0.00 809K 29 Feb 2024 Class A Common Stock 450K $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option is fully vested and exercisable.