David DeStefano - Mar 1, 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
Mar 1, 2024
Transactions value $
-$490,266
Form type
4
Date filed
3/5/2024, 04:41 PM
Previous filing
Mar 4, 2024
Next filing
Mar 12, 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 +28.6K +4.08% $0.00 729K Mar 1, 2024 Direct
transaction VERX Class A Common Stock Tax liability -$490K -14.6K -2% $33.55 717K Mar 1, 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 -28.6K -50% $0.00 28.6K Mar 1, 2024 Class A Common Stock 28.6K 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 on March 1, 2025 and have no expiration date.