Westphal Jeffrey 4
4 · Vertex, Inc. · Filed Jan 3, 2025
Insider Transaction Report
Form 4
Vertex, Inc.VERX
Westphal Jeffrey
Other
Transactions
- Gift
Class A Common Stock
2024-12-31−450,000→ 7,895 total
Holdings
- 388,000
Class B Common Stock
→ Class A Common Stock (388,000 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) - 1,153,756(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (1,153,756 underlying)
Footnotes (1)
- [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 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.