David L Phillips - 07 Jul 2021 Form 4 Insider Report for Vertex Energy Inc.

Role
Director
Signature
/s/ David L Phillips
Issuer symbol
N/A
Transactions as of
07 Jul 2021
Net transactions value
-$449,148
Form type
4
Filing time
26 Jul 2021, 13:45:16 UTC
Previous filing
07 Jul 2021
Next filing
07 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Options Exercise $124,800 +60,000 +71% $2.08 145,000 07 Jul 2021 Direct
transaction VTNR Common Stock Options Exercise $75,600 +60,000 +41% $1.26* 205,000 07 Jul 2021 Direct
transaction VTNR Common Stock Sale $649,548 -72,172 -35% $9.00 132,828 15 Jul 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 -60,000 -100% $0.000000* 0 07 Jul 2021 Common Stock 60,000 $2.08 Direct F2
transaction VTNR Stock Option Options Exercise $0 -60,000 -100% $0.000000* 0 07 Jul 2021 Common Stock 60,000 $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.