ROBERT BERTKE - 08 Jun 2022 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Role: Chief Technology Officer
Signature: /s/ Paul Maple, Attorney-in-Fact for Robert Bertke
Issuer symbol: IIIV
Transactions as of: 08 Jun 2022
Net transactions value: -$88,004
Form type: 4
Filing time: 09 Jun 2022, 16:08:15 UTC
Previous 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	$97,500	+7,500		$13.00	7,500	08 Jun 2022	Direct
transaction	IIIV	Class A common stock, par value $0.0001 per share	Tax liability	$128,054	-5,176	-69%	$24.74	2,324	08 Jun 2022	Direct
transaction	IIIV	Class A common stock, par value $0.0001 per share	Sale	$57,449	-2,324	-100%	$24.72	0	08 Jun 2022	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	-7,500	-7.6%	$0.000000	91,300	08 Jun 2022	Class A common stock, par value $0.0001 per share	7,500	$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.