Bryan T.R. Rowland - Feb 21, 2025 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
GENERAL COUNSEL
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Stock symbol
VERX
Transactions as of
Feb 21, 2025
Transactions value $
-$128,386
Form type
4
Date filed
2/25/2025, 04:18 PM
Previous filing
Feb 24, 2025
Next filing
Mar 4, 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 +4.13K +139.12% $0.00 7.1K Feb 21, 2025 Direct
transaction VERX Class A Common Stock Tax liability -$50.2K -1.14K -16% $44.21 5.97K Feb 21, 2025 Direct
transaction VERX Class A Common Stock Options Exercise $0 +6.43K +107.76% $0.00 12.4K Feb 21, 2025 Direct
transaction VERX Class A Common Stock Tax liability -$78.2K -1.77K -14.26% $44.21 10.6K Feb 21, 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 -4.13K -25% $0.00 12.4K Feb 21, 2025 Class A Common Stock 4.13K Direct F1, F2
transaction VERX Restricted Stock Units Options Exercise $0 -6.43K -33.34% $0.00 12.9K Feb 21, 2025 Class A Common Stock 6.43K 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 Issuer's Class A Common Stock.
F2 The remaining restricted stock units will vest in three equal annual installments on 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 February 23, 2026 and February 23, 2027 and have no expiration date.