John R. Schwab - 23 Feb 2023 Form 4 Insider Report for Vertex, Inc. (VERX)

Signature
/s/ Lisa Coleman
Issuer symbol
VERX
Transactions as of
23 Feb 2023
Net transactions value
$0
Form type
4
Filing time
27 Feb 2023, 15:43:16 UTC
Previous filing
14 Feb 2023
Next filing
03 Mar 2023

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 +121,220 $0.000000 121,220 23 Feb 2023 Class A Common Stock 121,220 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 Issuers 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 23, 2024, February 23, 2025, February 23, 2026 and February 23, 2027.