Skip to main content

Phillips David L's Form 4 filing

Vertex Energy Inc. (VTNR) · filed Jul 26, 2021

Accession no.
0001580695-21-000213
Filed
Jul 26, 2021
Trade date
Jul 7-15, 2021
Filing delay
19 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $649.5K. It was filed 19 days after the trade, past the 2-business-day deadline.

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.

Reporting owners on this filing
OwnerRelationship to the company
Phillips David LCIK 0001458878Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 7, 2021Common StockMOption exerciseAcquired+60,000$2.08+$124,800145,000Direct
Jul 7, 2021Common StockMOption exerciseAcquired+60,000$1.26+$75,600205,000Direct
Jul 15, 2021Common StockSSaleDisposed−72,172$9.00F1−$649,548132,828Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 7, 2021Common StockMOption exerciseDisposed−60,000$0.00$00Direct
Jul 7, 2021Common StockMOption exerciseDisposed−60,000$0.00$00Direct

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 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)