John Richard Stamm - 12 Sep 2024 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
Director
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
12 Sep 2024
Net transactions value
-$335,606
Form type
4
Filing time
16 Sep 2024, 16:22:44 UTC
Previous filing
26 Aug 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 Sale $177,072 -5,000 -23% $35.41 16,635 12 Sep 2024 Direct F1
transaction VERX Class A Common Stock Options Exercise $18,670 +5,000 +30% $3.73 21,635 12 Sep 2024 Direct
transaction VERX Class A Common Stock Sale $177,204 -5,000 -23% $35.44 16,635 12 Sep 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 -5,000 -19% $0.000000 21,123 12 Sep 2024 Class A Common Stock 5,000 $3.73 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 $35.360 to $35.445 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 $35.380 to $35.555, 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.