4//SEC Filing
Borgen Dan 4
Accession 0001580695-21-000283
CIK 0000890447other
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 6:13 PM ET
Size
9.7 KB
Accession
0001580695-21-000283
Insider Transaction Report
Form 4
Borgen Dan
Director
Transactions
- Tax Payment
Common Stock
2021-09-22$5.99/sh−11,143$66,747→ 13,857 total - Exercise/Conversion
Stock Option
2021-09-22−25,000→ 0 totalExercise: $2.75Exp: 2021-09-23→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2021-09-22$2.75/sh+25,000$68,750→ 25,000 total
Holdings
- 195,324(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 13,857 shares of common stock on the net exercise of an option to purchase 25,000 shares of common stock. The Issuer withheld 11,143 shares of common stock underlying the option in payment of the exercise price, based on the five-day volume weighted average closing price of the Issuer's common stock, for the five trading days prior to September 22, 2021, of $5.99, as calculated pursuant to the terms of the option award (the "FMV").
- [F2]Options to purchase 6,250 shares vested on each of September 23, 2012, 2013, 2014 and 2015.
Documents
Issuer
Vertex Energy Inc.
CIK 0000890447
Entity typeother
Related Parties
1- filerCIK 0001457698
Filing Metadata
- Form type
- 4
- Filed
- Sep 23, 8:00 PM ET
- Accepted
- Sep 24, 6:13 PM ET
- Size
- 9.7 KB