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Vertex, Inc. — Director's Dealing 2024
Dec 12, 2024
31181_dirs_2024-12-12_a6762aac-5158-4449-a98c-4627de18d3d6.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: 2024-12-10
Reporting Person: DeStefano David (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-10 | Class A Common Stock | M | 164832 | $2.50 | Acquired | 458177 | Direct |
| 2024-12-10 | Class A Common Stock | S | 164432 | $55.0327 | Disposed | 293745 | Direct |
| 2024-12-10 | Class A Common Stock | S | 400 | $55.515 | Disposed | 293345 | Direct |
| 2024-12-11 | Class A Common Stock | M | 216268 | $2.50 | Acquired | 509613 | Direct |
| 2024-12-11 | Class A Common Stock | S | 216268 | $55.0411 | Disposed | 293345 | Direct |
| 2024-12-12 | Class A Common Stock | M | 343893 | $.153 | Acquired | 637238 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-10 | Stock Option | $2.50 | M | 164832 | Disposed | 2026-10-31 | Class A Common Stock (164832) | Direct |
| 2024-12-11 | Stock Option | $2.50 | M | 216268 | Disposed | 2026-10-31 | Class A Common Stock (216268) | Direct |
| 2024-12-12 | Stock Option | $.153 | M | 343893 | Disposed | Class A Common Stock (343893) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 204032 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.50 to $55.49, inclusive. The Reporting Person undertakes to provide 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.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.62 to $55.295, inclusive. The Reporting Person undertakes to provide 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.
F3: Represents securities held by individual trusts for the benefit of the Reporting Person's three adult children. The Reporting Person's spouse serves as a trustee of each such trust.
F4: This option is fully vested and exercisable.
F5: Fully vested and exercisable and has no expiration date.