Bryan T.R. Rowland - Aug 20, 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
Aug 20, 2024
Transactions value $
-$1,251,209
Form type
4
Date filed
8/22/2024, 04:27 PM
Previous filing
Mar 12, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $112K +30K +366.93% $3.73 38.2K Aug 20, 2024 Direct F1
transaction VERX Class A Common Stock Sale -$1.07M -30K -78.58% $35.71 8.18K Aug 20, 2024 Direct F2
transaction VERX Class A Common Stock Sale -$292K -8.18K -100% $35.72 0 Aug 20, 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 -30K -100% $0.00 0 Aug 20, 2024 Class A Common Stock 30K $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.