Alvaro Ruiz - May 14, 2023 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role: Chief Strategy Officer
Signature: /s/ Alvaro Ruiz
Stock symbol: VTNR
Transactions as of: May 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/16/2023, 05:02 PM
Previous filing: Jun 14, 2022
Next filing: May 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VTNR	Common Stock						56.3K	May 14, 2023	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	VTNR	Stock Option (right to buy)	Award	$0	+24.3K		$0.00	24.3K	May 14, 2023	Common Stock	24.3K	$6.46	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Granted in consideration for services rendered and to be rendered as an officer of the Registrant. Granted under the Registrant's 2019 Equity Incentive Plan.
F2	A total of 1/4th such options vest on each of May 14, 2024, 2025, 2026 and 2027, subject to the Reporting Person's continued service to the Company on such vesting dates.