Bryan T.R. Rowland - Mar 8, 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
GENERAL COUNSEL
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Mar 8, 2024
Transactions value $
-$834,321
Form type
4
Date filed
3/12/2024, 04:17 PM
Previous filing
Mar 5, 2024
Next filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $120K +32.2K +401.55% $3.73 40.2K Mar 8, 2024 Direct
transaction VERX Class A Common Stock Sale -$955K -32.2K -80.06% $29.65 8.02K Mar 8, 2024 Direct F1

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 -32.2K -51.77% $0.00 30K Mar 8, 2024 Class A Common Stock 32.2K $3.73 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $29.59 to $29.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 This option is fully vested and exercisable.