Douglas S. Haugh - May 14, 2023 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role
Chief Commercial Officer
Signature
/s/ Douglas S. Haugh
Stock symbol
VTNR
Transactions as of
May 14, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 05:01 PM
Previous filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VTNR Common Stock 1.5K May 14, 2023 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 VTNR Stock Option (right to buy) Award $0 +150K $0.00 150K May 14, 2023 Common Stock 150K $6.46 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted in consideration for services rendered and to be rendered as an officer of the Registrant. Granted under the Registrant's 2019 Equity Incentive Plan (75,000 options) and Amended and Restated 2020 Equity Incentive Plan (75,000 options).
F2 A total of 1/4th such options vest on each of April 17, 2024, 2025, 2026 and 2027, subject to the Reporting Person's continued service to the Company on such vesting dates.