David DeStefano - 28 Feb 2025 Form 4 Insider Report for Vertex, Inc. (VERX)

Role
PRESIDENT & CEO, Director
Signature
/s/ Lisa Coleman, Attorney-in-Fact
Issuer symbol
VERX
Transactions as of
28 Feb 2025
Net transactions value
-$471,854
Form type
4
Filing time
04 Mar 2025, 16:11:30 UTC
Previous filing
26 Feb 2025
Next filing
14 May 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 +28,568 +3.7% $0.000000 805,945 28 Feb 2025 Direct
transaction VERX Class A Common Stock Tax liability $471,854 -14,613 -1.8% $32.29 791,332 28 Feb 2025 Direct
holding VERX Class A Common Stock 204,032 28 Feb 2025 By Family Trusts 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 VERX Restricted Stock Units Options Exercise $0 -28,568 -100% $0.000000 0 28 Feb 2025 Class A Common Stock 28,568 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by individual trusts for the benefit of the Reporting Person's three adult children. The Reporting Person's spouse serves as a trustee of each such trust.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 This restricted stock unit award is fully vested.