Benjamin P. Cowart - Sep 13, 2022 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
Sep 13, 2022
Transactions value $
-$574,755
Form type
4
Date filed
9/14/2022, 06:09 PM
Previous filing
Aug 9, 2022
Next filing
Oct 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Sale -$575K -71.1K -17.56% $8.08 334K Sep 13, 2022 Direct F1
holding VTNR Common Stock 174K Sep 13, 2022 Through spouse
holding VTNR Common Stock 70.2K Sep 13, 2022 Through The Shelley T. Cowart 2016 Grantor Retained Annuity Trust
holding VTNR Common Stock 5.85M Sep 13, 2022 Through B&S Cowart II Family LP
holding VTNR Common Stock 7.5K Sep 13, 2022 Through Vertex Holdings, LP
holding VTNR Common Stock 101K Sep 13, 2022 Through VTX Inc.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $8.00 to $8.161, inclusive. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2022.

Remarks:

Mr. Cowart disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.