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Vertex, Inc. — Director's Dealing 2022
Jul 5, 2022
31181_dirs_2022-07-05_0e195338-15b0-413e-815d-aef2da3a2990.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: 2022-06-30
Reporting Person: Westphal Jeffery (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-30 | Class A Common Stock | S | 150000 | $11.323 | Disposed | 1511420 | Indirect |
| 2022-07-01 | Class A Common Stock | S | 61855 | $11.0569 | Disposed | 1449565 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 16300000 | 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. The Reporting Person transferred the shares to the Sub-Trust in a transaction exempt from reporting under Rule 16a-13. In addition, the sale reported on the Reporting Person's Form 4 filed on May 25, 2022 was made by the Sub-Trust rather than The 2009 Jeffrey R. Westphal Generation-Skipping Trust.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.00 to $11.25, 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.