James P Gregory - 22 Aug 2022 Form 4 Insider Report for Vertex Energy Inc.

Role
Director
Signature
/s/ James P Gregory
Issuer symbol
N/A
Transactions as of
22 Aug 2022
Net transactions value
+$96,450
Form type
4
Filing time
26 Aug 2022, 16:36:29 UTC
Previous filing
20 Jan 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 Gift -30,000 -50% 30,000 03 Mar 2022 Direct F1
transaction VTNR Common Stock Gift +30,000 30,000 03 Mar 2022 By spouse F1
transaction VTNR Common Stock Options Exercise $65,250 +45,000 +150% $1.45 75,000 22 Aug 2022 Direct
transaction VTNR Common Stock Options Exercise $31,200 +15,000 +20% $2.08 90,000 22 Aug 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 -45,000 -75% $0.000000 15,000 22 Aug 2022 Common Stock 45,000 $1.45 Direct F2
transaction VTNR Stock Option Options Exercise $0 -15,000 -25% $0.000000 45,000 22 Aug 2022 Common Stock 15,000 $2.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 3, 2022, the Reporting Person gifted 30,000 shares of common stock which he held to his spouse, who is a member of the Reporting Person's household, and whose securities the Reporting Person is deemed to beneficially own, in consideration for reimbursement of $37,800 paid by the Reporting Person for the exercise of options to purchase 30,000 shares of common stock at an exercise price of $1.26 per share ($37,800 in aggregate) on January 18, 2022.
F2 Options to purchase 15,000 shares of common stock vested on each of May 20, 2020, 2021 and 2022.
F3 The exercised Options vested on July 7, 2016.