ITEM SECOND IRR. TRUST FBO MELANIE H. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001 4
4 · Vertex, Inc. · Filed May 22, 2025
Insider Transaction Report
Form 4
Vertex, Inc.VERX
ITEM SECOND IRR. TRUST FBO MELANIE H. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001
10% OwnerOther
Transactions
- Conversion
Class B Common Stock
2025-05-20−300,000→ 1,641,750 total→ Class A Common Stock (300,000 underlying) - Conversion
Class A Common Stock
2025-05-20+300,000→ 300,000 total
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 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.