Vertex, Inc. — Director's Dealing 2022

Aug 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vertex, Inc. (VERX)
CIK: 0001806837
Period of Report: 2022-07-29

Reporting Person: Westphal Jeffery (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-29	Class A Common Stock	S	5000000	$7.35	Disposed	11300000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-29	Call Option (Obligation to Sell)	$7.85	S	750000	Disposed	2022-10-27	Class A Common Stock (750000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1345950	Indirect
Class A Common Stock	7895	Direct

Footnotes

F1: Represents shares held by The 2009 Jeffrey R. Westphal Generation-Skipping Sub-Trust for Jenifer R. Westphal (the "Sub-Trust"), of which the Reporting Person's spouse is trustee.

F2: In connection with the privately negotiated sale of shares of Class A Common Stock reported herein, the Reporting Person granted the buyer an option to purchase up to 750,000 additional shares of Class A Common Stock at a price of $7.85 per share.