Benjamin P. Cowart - 21 Mar 2023 Form 4 Insider Report for Vertex Energy Inc.

Signature
/s/ Benjamin P. Cowart
Issuer symbol
N/A
Transactions as of
21 Mar 2023
Net transactions value
+$209,160
Form type
4
Filing time
22 Mar 2023, 18:48:57 UTC
Previous filing
03 Mar 2023
Next filing
12 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Options Exercise $209,160 +166,000 +63% $1.26* 428,854 21 Mar 2023 Direct
holding VTNR Common Stock 5,583,941 21 Mar 2023 Through B&S Cowart II Family LP
holding VTNR Common Stock 174,085 21 Mar 2023 Through spouse
holding VTNR Common Stock 70,214 21 Mar 2023 Through The Shelley T. Cowart 2016 Grantor Retained Annuity Trust
holding VTNR Common Stock 7,500 21 Mar 2023 Through Vertex Holdings, LP
holding VTNR Common Stock 100,765 21 Mar 2023 Through VTX Inc.

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 VTNR Option to Purchase Common Stock Options Exercise $0 -166,000 -100% $0.000000* 0 21 Mar 2023 Common Stock 166,000 $1.26 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A total of 1/4th of the Stock Options vested on each of April 12, 2019, 2020, 2021 and 2022.

Remarks:

Mr. Cowart disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.