BORGEN DAN exercised options at VERTEX ENERGY INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/24/2021ACC: 0001580695-21-000283
-11.14K
Net shares
Net seller
$66.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
25K acquired · 36.14K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+25K
Price / share
$2.75
Trade value
$68.75K
% of position
New position
9/22/2021
0.00→25K
Common Stock
Direct
Shares
−11.14K
Price / share
$5.99
Trade value
$66.75K
% of position
44.6%
9/22/2021
25K→13.86K
Total
Net shares
+13.86K
Net value
$2K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/22/2021 | M · Option Exercise | +25K | $2.75 | $68.75K | New position | 0.00 | 25K |
| Common Stock Direct | 9/22/2021 | F · Tax Withholding | −11.14K | $5.99 | $66.75K | 44.6% | 25K | 13.86K |
| Total | +13.86K | $2K | ||||||
Derivative Transactions1
Stock Option
Direct
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
2.75
Held after
0.00
Exercisable
—
9/22/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock25K shares | 9/22/2021 | M · Option Exercise | −25K | 2.75 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned195.32K
Total
195.32K indirect195.32K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 195.32K | Indirect |
| Total | 195.32K | 195.32K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported