Thompson Stefanie Westphal 4
4 · Vertex, Inc. · Filed Dec 8, 2023
Insider Transaction Report
Form 4
Vertex, Inc.VERX
Thompson Stefanie Westphal
Director10% Owner
Transactions
- Will/Inheritance
Class B Common Stock
2023-12-06−2,367,000→ 0 total(indirect: By Trust)→ Class A Common Stock (2,367,000 underlying) - Will/Inheritance
Class B Common Stock
2023-12-06+789,000→ 838,000 total→ Class A Common Stock (789,000 underlying)
Holdings
- 30,310,904.588(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (30,310,904.588 underlying) - 1,786,000(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (1,786,000 underlying)
Footnotes (2)
- [F1]The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon either (1) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (2) the voting power of the Issuer's outstanding Class B Common Stock representing less than 10% of the combined voing power of all of the Issuer's outstanding common stock.
- [F2]The Form 3 originally filed by the reporting person understated the reporting person's indirect ownership of Class B Common Stock by approximately 36,589 shares. This Form 4 reflects the correct number of shares.