David L. Phillips - Jul 7, 2021 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role
Director
Signature
/s/ David L Phillips
Stock symbol
VTNR
Transactions as of
Jul 7, 2021
Transactions value $
-$449,148
Form type
4
Date filed
7/26/2021, 01:45 PM
Previous filing
Jul 7, 2021
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Options Exercise $125K +60K +70.59% $2.08 145K Jul 7, 2021 Direct
transaction VTNR Common Stock Options Exercise $75.6K +60K +41.38% $1.26* 205K Jul 7, 2021 Direct
transaction VTNR Common Stock Sale -$650K -72.2K -35.21% $9.00 133K Jul 15, 2021 Direct F1

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 VTNR Stock Option Options Exercise $0 -60K -100% $0.00* 0 Jul 7, 2021 Common Stock 60K $2.08 Direct F2
transaction VTNR Stock Option Options Exercise $0 -60K -100% $0.00* 0 Jul 7, 2021 Common Stock 60K $1.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades ranging between $9.04 and $9.00. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was affected.
F2 Options to purchase 15,000 shares vested on July 7, 2016, 2017, 2018 and 2019.
F3 Options to purchase 15,000 shares vested on December 13, 2017, 2018, 2019 and 2020.