JOHN R. SCHWAB - 21 Feb 2025 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
21 Feb 2025
Net transactions value
-$1,297,387
Form type
4
Filing time
25 Feb 2025, 16:17:21 UTC
Previous filing
24 Feb 2025
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERX Class A Common Stock Options Exercise $0 +23,887 +37% $0.000000 87,876 21 Feb 2025 Direct
transaction VERX Class A Common Stock Tax liability $571,856 -12,935 -15% $44.21 74,941 21 Feb 2025 Direct
transaction VERX Class A Common Stock Options Exercise $0 +30,305 +40% $0.000000 105,246 21 Feb 2025 Direct
transaction VERX Class A Common Stock Tax liability $725,530 -16,411 -16% $44.21 88,835 21 Feb 2025 Direct

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 Restricted Stock Units Options Exercise $0 -23,887 -25% $0.000000 71,664 21 Feb 2025 Class A Common Stock 23,887 Direct F1, F2
transaction VERX Restricted Stock Units Options Exercise $0 -30,305 -33% $0.000000 60,610 21 Feb 2025 Class A Common Stock 30,305 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock.
F2 The remaining restricted stock units will vest in three equal annual installments on each of February 22, 2026, February 22, 2027 and February 22, 2028 and have no expiration date.
F3 The remaining restricted stock units will vest in two equal annual installments on each of February 23, 2026 and February 23, 2027 and have no expiration date.