Lisa Butler - Feb 13, 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Feb 13, 2024
Transactions value $
-$40,295
Form type
4
Date filed
2/15/2024, 04:07 PM
Previous filing
Jul 18, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $0 +4.48K +1793.6% $0.00 4.73K Feb 13, 2024 Direct
transaction VERX Class A Common Stock Tax liability -$40.3K -1.52K -32.02% $26.58 3.22K Feb 13, 2024 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 -4.48K -33.33% $0.00 8.97K Feb 13, 2024 Class A Common Stock 4.48K 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 The remaining restricted stock units will vest in two equal annual installments on each of February 10, 2025 and February 10, 2026 and have no expiration date.