4/A//SEC Filing
Westphal Jeffrey 4/A
Accession 0001104659-25-000962
CIK 0001806837other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:35 PM ET
Size
13.7 KB
Accession
0001104659-25-000962
Insider Transaction Report
Form 4/AAmended
Vertex, Inc.VERX
Westphal Jeffrey
Other
Transactions
- Conversion
Class A Common Stock
2024-12-20+450,000→ 457,895 total - Conversion
Class B Common Stock
2024-12-20−450,000→ 388,000 total→ Class A Common Stock (388,000 underlying)
Holdings
- 1,153,756(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (1,153,756 underlying) - 332,244(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (332,244 underlying) - 2,639,927(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (2,639,927 underlying)
Footnotes (2)
- [F1]On December 24, 2024, the Reporting Person converted 450,000 shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A common stock. These shares were inadvertently reported on the Form 4 filed by the Reporting Person on December 26, 2024 as transferred from the The 2009 Jeffrey R. Westphal Generation Skipping Trust ("GST") to the Reporting Person's individual account. The GST's ownership and the Reporting Person's direct ownership have been adjusted to correct this error.
- [F2]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 either (1) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (2) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.
Documents
Issuer
Vertex, Inc.
CIK 0001806837
Entity typeother
Related Parties
1- filerCIK 0001818851
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:35 PM ET
- Size
- 13.7 KB