Tensile Capital Management LP's Form 4 filing
Vertex, Inc. (VERX) · filed Apr 21, 2023
- Accession no.
- 0000899243-23-011564
- Filed
- Apr 21, 2023
- Trade date
- Apr 19-21, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions. Open-market sales total $2.33M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Tensile Capital Management LPCIK 0001598843 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 19, 2023 | Class A common stock | SSaleDisposed | −44,313 | $22.61F1 | −$1,001,916.93 | 5,925,945 | Indirect | |
| Apr 20, 2023 | Class A common stock | SSaleDisposed | −54,845 | $22.35F5 | −$1,225,785.75 | 5,871,100 | Indirect | |
| Apr 21, 2023 | Class A common stock | SSaleDisposed | −4,383 | $22.32F6 | −$97,828.56 | 5,866,717 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This transaction was executed in multiple trades at prices ranging from $22.50 to $22.66; the price reported above reflects the weighted average sale price. The Reporting Persons (as defined below) undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $22.25 to $22.48; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $22.25 to $22.38; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.