James P. Gregory - Aug 22, 2022 Form 4 Insider Report for Vertex Energy Inc. (VTNR)

Role
Director
Signature
/s/ James P Gregory
Stock symbol
VTNR
Transactions as of
Aug 22, 2022
Transactions value $
$96,450
Form type
4
Date filed
8/26/2022, 04:36 PM
Previous filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Gift -30K -50% 30K Mar 3, 2022 Direct F1
transaction VTNR Common Stock Gift +30K 30K Mar 3, 2022 By spouse F1
transaction VTNR Common Stock Options Exercise $65.3K +45K +150% $1.45 75K Aug 22, 2022 Direct
transaction VTNR Common Stock Options Exercise $31.2K +15K +20% $2.08 90K Aug 22, 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 VTNR Stock Option Options Exercise $0 -45K -75% $0.00 15K Aug 22, 2022 Common Stock 45K $1.45 Direct F2
transaction VTNR Stock Option Options Exercise $0 -15K -25% $0.00 45K Aug 22, 2022 Common Stock 15K $2.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 3, 2022, the Reporting Person gifted 30,000 shares of common stock which he held to his spouse, who is a member of the Reporting Person's household, and whose securities the Reporting Person is deemed to beneficially own, in consideration for reimbursement of $37,800 paid by the Reporting Person for the exercise of options to purchase 30,000 shares of common stock at an exercise price of $1.26 per share ($37,800 in aggregate) on January 18, 2022.
F2 Options to purchase 15,000 shares of common stock vested on each of May 20, 2020, 2021 and 2022.
F3 The exercised Options vested on July 7, 2016.