John Noel Strickland - 06 May 2022 Form 4 Insider Report for Vertex Energy Inc.

Role: COO
Signature: /s/ John Strickland
Issuer symbol: N/A
Transactions as of: 06 May 2022
Net transactions value: +$129,770
Form type: 4
Filing time: 06 May 2022, 19:18:17 UTC
Previous filing: 17 Sep 2021
Next filing: 14 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	$33,345	+29,250	+8.5%	$1.14^*	371,375	06 May 2022	Direct
transaction	VTNR	Common Stock	Options Exercise	$96,425	+66,500	+18%	$1.45	437,875	06 May 2022	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	VTNR	Stock Option	Options Exercise	$0	-29,250	-100%	$0.000000^*	0	06 May 2022	Common Stock	29,250	$1.14	Direct	F1
transaction	VTNR	Stock Option	Options Exercise	$0	-66,500	-50%	$0.000000	66,500	06 May 2022	Common Stock	66,500	$1.45	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options to purchase 29,250 shares vested on April 12, 2022.
F2	Options to purchase 33,250 shares vested on each of May 20, 2020 and 2021, and options to purchase 33,250 shares vest on each of May 20, 2022 and 2023.