Robert Bertke - Jun 8, 2022 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Signature
/s/ Paul Maple, Attorney-in-Fact for Robert Bertke
Stock symbol
IIIV
Transactions as of
Jun 8, 2022
Transactions value $
-$88,004
Form type
4
Date filed
6/9/2022, 04:08 PM
Previous filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIV Class A common stock, par value $0.0001 per share Options Exercise $97.5K +7.5K $13.00 7.5K Jun 8, 2022 Direct
transaction IIIV Class A common stock, par value $0.0001 per share Tax liability -$128K -5.18K -69.01% $24.74 2.32K Jun 8, 2022 Direct
transaction IIIV Class A common stock, par value $0.0001 per share Sale -$57.4K -2.32K -100% $24.72 0 Jun 8, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IIIV Stock Option (Right to Buy) Options Exercise $0 -7.5K -7.59% $0.00 91.3K Jun 8, 2022 Class A common stock, par value $0.0001 per share 7.5K $13.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.