John R. Schwab - 31 Jul 2020 Form 4 Insider Report for Vertex, Inc. (VERX)

Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
31 Jul 2020
Net transactions value
+$54,986
Form type
4
Filing time
14 Feb 2022, 13:11:46 UTC
Next filing
12 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Purchase $54,986 +2,894 +108% $19.00 5,579 31 Jul 2020 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 VERX Restricted Stock Units Award $0 +96,037 $0.000000 96,037 10 Feb 2022 Class A Common Stock 96,037 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents an award of restricted stock units that will vest as to 25% of the amount of shares on each of February 10, 2023, February 10, 2024, February 10, 2025 and February 10, 2026.