Benjamin P. Cowart - May 14, 2021 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Benjamin P. Cowart
Stock symbol
VTNR
Transactions as of
May 14, 2021
Transactions value $
$0
Form type
4
Date filed
5/24/2021, 09:28 PM
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Gift $0 -153K -7.58% $0.00 1.86M Apr 9, 2021 Direct
holding VTNR Common Stock 174K May 14, 2021 Through spouse
holding VTNR Common Stock 70.2K May 14, 2021 Through The Shelley T. Cowart 2016 Grantor Retained Annuity Trust
holding VTNR Common Stock 4.8M May 14, 2021 Through B&S Cowart II Family LP
holding VTNR Common Stock 7.5K May 14, 2021 Through Vertex Holdings, Inc.
holding VTNR Common Stock 101K May 14, 2021 Through VTX Inc.

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 Award +24.1K 24.1K May 14, 2021 Common Stock 24.1K $2.12 Direct F1, F2
transaction VTNR Stock Option Award +24.1K 24.1K May 14, 2021 Common Stock 24.1K $2.12 Direct F1, F2
transaction VTNR Stock Option Award +24.1K 24.1K May 14, 2021 Common Stock 24.1K $2.12 Direct F1, F2
transaction VTNR Stock Option Award +24.1K 24.1K May 14, 2021 Common Stock 24.1K $2.12 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted pursuant to the Registrant's 2019 Equity Incentive Plan, in a transaction exempt from Section 16 under Rule 16b-3.
F2 Granted in consideration for services rendered and to be rendered as an officer of the Issuer.