COWART BENJAMIN P (CEO and President) 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: 3/22/2023ACC: 0001387131-23-003881
DirectorOfficer10% Owner· CEO and President
Since Jun 2018
0.00
Net shares
Net seller
$209.2K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
166K acquired · 166K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+166K
Price / share
$1.26
Trade value
$209.16K
% of position
63.2%
3/21/2023
262.85K→428.85K
Total
Net shares
+166K
Net value
$209.16K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/21/2023 | M · Option Exercise | +166K | $1.26 | $209.16K | 63.2% | 262.85K | 428.85K |
| Total | +166K | $209.16K | ||||||
Derivative Transactions1
Option to Purchase Common Stock
Direct
Converts to
Common Stock
166K shares
Shares
−166K
Strike price
1.26
Held after
0.00
Exercisable
—
3/21/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock Direct | Common Stock166K shares | 3/21/2023 | M · Option Exercise | −166K | 1.26 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)5
Common Stock
IndirectShares owned7.50K
Common Stock
IndirectShares owned174.09K
Common Stock
IndirectShares owned100.77K
Common Stock
IndirectShares owned5.58M
Common Stock
IndirectShares owned70.21K
Total
5.94M indirect5.94M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 7.50K | Indirect |
| Common Stock | 174.09K | Indirect |
| Common Stock | 100.77K | Indirect |
| Common Stock | 5.58M | Indirect |
| Common Stock | 70.21K | Indirect |
| Total | 5.94M | 5.94M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported