Gregory S. Daily - May 12, 2023 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Signature
/s/ Paul Maple, Attorney-in-Fact for Gregory S. Daily
Stock symbol
IIIV
Transactions as of
May 12, 2023
Transactions value $
$1,077,874
Form type
4
Date filed
5/16/2023, 11:26 AM
Previous filing
Dec 6, 2021

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 Purchase $588K +27.6K +32.57% $21.28 112K May 12, 2023 By GSD Family Investments, LLC F1, F2
transaction IIIV Class A common stock, par value $0.0001 per share Purchase $490K +22.4K +19.9% $21.90 135K May 15, 2023 By GSD Family Investments, LLC F2, F3
holding IIIV Class A common stock, par value $0.0001 per share 82.1K May 12, 2023 By Hardsworth LLC F4
holding IIIV Class A common stock, par value $0.0001 per share 10.8K May 12, 2023 By daughter F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.02 to $21.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
F2 Represents shares of Class A common stock held by GSD Family Investments, LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by GSD Family Investments, LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.65 to $22.05, inclusive.
F4 Represents shares of Class A common stock held by Hardsworth LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by Hardsworth LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F5 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.