Dan Borgen - Jun 19, 2023 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role: Director
Signature: /s/ Dan Borgen
Stock symbol: VTNR
Transactions as of: Jun 19, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/20/2023, 05:02 PM
Previous filing: Feb 21, 2023
Next filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTNR	Common Stock	Award	$0	+28.7K	+203.37%	$0.00	42.9K	Jun 19, 2023	Direct	F1
holding	VTNR	Common Stock						195K	Jun 19, 2023	Through KKB Holdings LLC

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of restricted common stock issued in consideration for serving on the Board of Directors and as the Executive Committee Chairperson, vesting at the rate of (i) 1/2 on December 26, 2023; and (ii) 1/2 on January 3, 2024, subject to the reporting person's continued service through the applicable vesting dates. Granted in consideration for services rendered under the Issuer's 2020 Equity Incentive Plan (as amended). Exempt pursuant to Rule 16b-3.

Content

Shares of restricted common stock issued in consideration for serving on the Board of Directors and as the Executive Committee Chairperson, vesting at the rate of (i) 1/2 on December 26, 2023; and (ii) 1/2 on January 3, 2024, subject to the reporting person's continued service through the applicable vesting dates. Granted in consideration for services rendered under the Issuer's 2020 Equity Incentive Plan (as amended). Exempt pursuant to Rule 16b-3.