David DeStefano - Feb 29, 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
PRESIDENT & CEO, Director
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Feb 29, 2024
Transactions value $
-$6,559,993
Form type
4
Date filed
3/4/2024, 04:35 PM
Previous filing
Feb 27, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $1.13M +450K +89.82% $2.50* 951K Feb 29, 2024 Direct
transaction VERX Class Tax liability -$7.68M -248K -26.07% $31.00 703K Feb 29, 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 Stock Option Options Exercise $0 -450K -35.73% $0.00 809K Feb 29, 2024 Class A Common Stock 450K $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option is fully vested and exercisable.