Phillips David L 4
4 · Vertex Energy Inc. · Filed Jul 26, 2021
Insider Transaction Report
Form 4
Phillips David L
Director
Transactions
- Exercise/Conversion
Common Stock
2021-07-07$2.08/sh+60,000$124,800→ 145,000 total - Exercise/Conversion
Stock Option
2021-07-07−60,000→ 0 totalExercise: $2.08Exp: 2025-07-07→ Common Stock (60,000 underlying) - Sale
Common Stock
2021-07-15$9.00/sh−72,172$649,548→ 132,828 total - Exercise/Conversion
Stock Option
2021-07-07−60,000→ 0 totalExercise: $1.26Exp: 2026-12-13→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2021-07-07$1.26/sh+60,000$75,600→ 205,000 total
Footnotes (3)
- [F1]This transaction was executed in multiple trades ranging between $9.04 and $9.00. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was affected.
- [F2]Options to purchase 15,000 shares vested on July 7, 2016, 2017, 2018 and 2019.
- [F3]Options to purchase 15,000 shares vested on December 13, 2017, 2018, 2019 and 2020.