Vertex, Inc. — Director's Dealing 2020

Jul 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vertex, Inc. (VERX)
CIK: 0001806837
Period of Report: 2020-07-29

Reporting Person: Kyle Terrence (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-28	Class A Common Stock	M	10776	$2.50	Acquired	10776	Direct
2020-07-28	Class A Common Stock	F	1418	$19.00	Disposed	9358	Direct
2020-07-28	Class A Common Stock	A	38159	—	Acquired	47517	Direct
2020-07-29	Class A Common Stock	M	56108	$0.4190	Acquired	103625	Direct
2020-07-31	Class A Common Stock	S	56108	$17.765	Disposed	47517	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-28	Stock Appreciation Rights	$2.50	M	10776	Disposed	2020-12-31	Class A Common Stock (10776)	Direct
2020-07-29	Stock Option	$0.4190	M	56108	Disposed		Class A Common Stock (56108)	Direct

Footnotes

F1: Reflects shares that were previously reported on the Reporting Person's Form 3 filed on July 29, 2020, and are being reported herein pursuant to Rule 16a-2(a).

F2: Reflects awards of restricted stock.

F3: Represents a sale pursuant to the underwriters' exercise of overallotment option.

F4: Fully vested and exercisable.

F5: Fully vested and exercisable and has no expiration date.