Rowland Bryan T.r. - 20 Aug 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
20 Aug 2024
Net transactions value
-$1,251,209
Form type
4
Filing time
22 Aug 2024, 16:27:23 UTC
Previous filing
12 Mar 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $112,020 +30,000 +367% $3.73 38,176 20 Aug 2024 Direct F1
transaction VERX Class A Common Stock Sale $1,071,168 -30,000 -79% $35.71 8,176 20 Aug 2024 Direct F2
transaction VERX Class A Common Stock Sale $292,061 -8,176 -100% $35.72 0 20 Aug 2024 Direct F3

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 -30,000 -100% $0.000000 0 20 Aug 2024 Class A Common Stock 30,000 $3.73 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 158 shares acquired through the Company's Employee Stock Purchase Plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $35.475 to $35.980, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $35.620 to 35.810, 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.
F4 This option is fully vested and exercisable.