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Vertex, Inc. — Director's Dealing 2021
Nov 12, 2021
31181_dirs_2021-11-12_408b6ddb-1fe6-4425-90ed-84cd31b48d7a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vertex, Inc. (VERX)
CIK: 0001806837
Period of Report: 2021-03-01
Reporting Person: Rowland Bryan T.R. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-17 | Class A Common Stock | M | 62196 | $3.734 | Acquired | 64828 | Direct |
| 2021-03-17 | Class A Common Stock | F | 26485 | $25.670 | Disposed | 38343 | Direct |
| 2021-03-17 | Class A Common Stock | M | 62430 | $3.167 | Acquired | 100773 | Direct |
| 2021-03-17 | Class A Common Stock | F | 30951 | $25.670 | Disposed | 70292 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-17 | Stock Option | $3.734 | M | 62196 | Disposed | 2029-02-07 | Class A Common Stock (62196) | Direct |
| 2021-03-17 | Stock Option | $3.167 | M | 62430 | Disposed | 2028-02-09 | Class A Common Stock (62430) | Direct |
| 2021-03-01 | Stock Option | $32.160 | A | 4027 | Acquired | 2031-03-01 | Class A Common Stock (4027) | Direct |
| 2021-03-01 | Restricted Stock Units | $ | A | 3465 | Acquired | Class A Common Stock (3465) | Direct |
Footnotes
F1: Includes 53 shares of restricted stock that were inadvertently omitted from filer's Form 3 and 417 shares acquired through the Company's Employee Stock Purchase Plan. The amount reported in column 5 reflects the number of shares of Class A Common Stock beneficially owned as of the date hereof.
F2: This option became exercisable with respect to 50% of the shares on February 7, 2021, and will vest with respect to the remaining shares on February 7, 2024.
F3: This option became exercisable as to 50% of the shares on the date of grant and will vest with respect to the remaining shares on February 9, 2023.
F4: This option will vest and become exercisable with respect to 25% of the shares on each of March 1, 2022, March 1, 2023, March 1, 2024 and March 1, 2025.
F5: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F6: Represents an award of restricted stock units that will vest as to 50% of the amount of shares on March 1, 2023, and 25% of the shares on each of March 1, 2024 and March 1, 2025.