ERIC C. ANDERSEN - 13 Aug 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
Director
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
13 Aug 2024
Transactions value $
-$4,720,536
Form type
4
Filing time
15 Aug 2024, 16:40:37 UTC
Previous filing
14 Jun 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $350K +140K +168.65% $2.50* 223K 13 Aug 2024 Direct
transaction VERX Class A Common Stock Sale -$2.11M -59K -26.48% $35.80 164K 13 Aug 2024 Direct F1
transaction VERX Class A Common Stock Sale -$2.96M -81K -49.37% $36.52 83K 13 Aug 2024 Direct F2

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 -140K -86.42% $0.00 22K 13 Aug 2024 Class A Common Stock 140K $2.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $35.30 to $36.295, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $36.30 to $36.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 This option is fully vested and exercisable.