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: DeStefano David (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-28	Class A Common Stock	A	210527	—	Acquired	210527	Direct
2020-07-29	Class A Common Stock	M	390107	$0.1530	Acquired	600634	Direct
2020-07-29	Class A Common Stock	F	164185	$19.00	Disposed	436449	Direct
2020-07-31	Class A Common Stock	S	160922	$17.765	Disposed	275527	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-28	Stock Appreciation Rights	$2.50	D	53028	Disposed	2020-12-31	Class A Common Stock (53028)	Direct
2020-07-29	Stock Option	$0.1530	M	390107	Disposed		Class A Common Stock (390107)	Direct

Footnotes

F1: Reflects awards of restricted stock, which 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: Represents a sale pursuant to the underwriters' exercise of overallotment option.

F3: Fully vested and exercisable.

F4: In connection with the Issuer's initial public offering, these stock appreciation rights were automatically net exercised and the resulting shares were repurchased by the Issuer at the initial public offering price of $19.00 per share.

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