Bryan T.R. Rowland - Feb 10, 2023 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
GENERAL COUNSEL
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Feb 10, 2023
Transactions value $
-$19,056
Form type
4
Date filed
2/14/2023, 04:33 PM
Previous filing
Feb 14, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $0 +4.09K +8.07% $0.00 54.7K Feb 10, 2023 Direct F1
transaction VERX Class A Common Stock Tax liability -$19.1K -1.34K -2.45% $14.21 53.4K Feb 10, 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 VERX Restricted Stock Units Options Exercise $0 -4.09K -25% $0.00 12.3K Feb 10, 2023 Class A Common Stock 4.09K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 700 shares acquired through the Company's Employee Stock Purchase Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The remaining restricted stock units will vest in three equal installments on February 10, 2024, February 10, 2025 and February 10, 2026 and have no expiration date.