Ryan J. Leib - Mar 15, 2024 Form 3 Insider Report for Vertex, Inc. (VERX)

Role
Chief Accounting Officer
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
3
Date filed
3/20/2024, 04:17 PM

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
holding VERX Restricted Stock Units Mar 15, 2024 Class A Common Stock 16.1K Direct F1, F2
holding VERX Restricted Stock Units Mar 15, 2024 Class A Common Stock 16.1K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units that will vest as to 25% of the amount of shares on each of February 1, 2025, February 1, 2026, February 1, 2027 and February 1, 2028.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Represents an award of restricted stock units that will vest as to 25% of the amount of shares on each of February 22, 2025, February 22, 2026, February 22, 2027 and February 22, 2028.