Rowland Bryan T.r. - 08 Mar 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
08 Mar 2024
Net transactions value
-$834,321
Form type
4
Filing time
12 Mar 2024, 16:17:58 UTC
Previous filing
05 Mar 2024
Next filing
22 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $120,220 +32,196 +402% $3.73 40,214 08 Mar 2024 Direct
transaction VERX Class A Common Stock Sale $954,541 -32,196 -80% $29.65 8,018 08 Mar 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 -32,196 -52% $0.000000 30,000 08 Mar 2024 Class A Common Stock 32,196 $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.