Vertex Energy Inc.|4Aug 26, 4:36 PM ET

GREGORY JAMES P 4

4 · Vertex Energy Inc. · Filed Aug 26, 2022

Form 4

Period: 2022-08-22

Director

Transactions

Exercise/Conversion
Common Stock
2022-08-22$1.45/sh+45,000$65,250→ 75,000 total
Exercise/Conversion
Stock Option
2022-08-22−15,000→ 45,000 total
Exercise: $2.08Exp: 2025-07-07→ Common Stock (15,000 underlying)
Gift
Common Stock
2022-03-03−30,000→ 30,000 total
Gift
Common Stock
2022-03-03+30,000→ 30,000 total(indirect: By Spouse)
Exercise/Conversion
Common Stock
2022-08-22$2.08/sh+15,000$31,200→ 90,000 total
Exercise/Conversion
Stock Option
2022-08-22−45,000→ 15,000 total
Exercise: $1.45Exp: 2029-05-20→ Common Stock (45,000 underlying)

Footnotes (3)

[F1]On March 3, 2022, the Reporting Person gifted 30,000 shares of common stock which he held to his spouse, who is a member of the Reporting Person's household, and whose securities the Reporting Person is deemed to beneficially own, in consideration for reimbursement of $37,800 paid by the Reporting Person for the exercise of options to purchase 30,000 shares of common stock at an exercise price of $1.26 per share ($37,800 in aggregate) on January 18, 2022.
[F2]Options to purchase 15,000 shares of common stock vested on each of May 20, 2020, 2021 and 2022.
[F3]The exercised Options vested on July 7, 2016.

Documents

1 file