Quick Takeaways
- This page summarizes Eric C. Andersen's Form 4 filing for Vertex, Inc. (VERX).
- 4 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 15 Aug 2024, 16:40.
Eric C. Andersen - 13 Aug 2024 Form 4 Insider Report for Vertex, Inc. (VERX)
- Role
- Director
- Signature
- /s/ Lisa Coleman, Attorney-in-Fact
- Issuer symbol
- VERX
- Transactions as of
- 13 Aug 2024
- Net transactions value
- -$4,720,536
- Form type
- 4
- Filing time
- 15 Aug 2024, 16:40:37 UTC
- Previous filing
- 14 Jun 2024
- Next filing
- 03 Jan 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Eric C. Andersen filed Form 4 for Vertex, Inc. (VERX) on 15 Aug 2024."
What Changed
- Previous filing in this sequence was filed on 14 Jun 2024.
- Current net transaction value: -$4,720,536.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VERX | Class A Common Stock | Options Exercise | $350,000 | +140,000 | +169% | $2.50* | 223,014 | 13 Aug 2024 | Direct | |
| transaction | VERX | Class A Common Stock | Sale | $2,114,007 | -59,048 | -26% | $35.80 | 163,966 | 13 Aug 2024 | Direct | F1 |
| transaction | VERX | Class A Common Stock | Sale | $2,956,529 | -80,952 | -49% | $36.52 | 83,014 | 13 Aug 2024 | Direct | F2 |
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 | -140,000 | -86% | $0.000000 | 22,000 | 13 Aug 2024 | Class A Common Stock | 140,000 | $2.50 | Direct | F3 |
* 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 $35.30 to $36.295, 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 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $36.30 to $36.75, 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. |
| F3 | This option is fully vested and exercisable. |