WHITSON CLAY M - 21 Jun 2021 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Role: Chief Financial Officer, Director
Signature: /s/ Paul Maple, Attorney-in-Fact for Clay M. Whitson
Issuer symbol: IIIV
Transactions as of: 21 Jun 2021
Net transactions value: +$99,996
Form type: 4
Filing time: 23 Jun 2021, 12:28:45 UTC
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IIIV	Class A common stock, par value $0.0001 per share	Options Exercise	$99,996	+7,692	+42%	$13.00	26,168	21 Jun 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IIIV	Stock Option (Right to Buy)	Options Exercise	$0	-7,692	-9.1%	$0.000000	76,924	21 Jun 2021	Class A common stock, par value $0.0001 per share	7,692	$13.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.