HARVEY ROBERT BURTON sold 274.61K shares of I3 VERTICALS, INC. on the open market

Open‑market sale worth $7.44M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

HARVEY ROBERT BURTON

Filed: 12/11/2020ACC: 0001209191-20-062969

InsiderHARVEY ROBERT BURTONCIK 1738212

→

IssuerI3 VERTICALS, INC.CIK 1728688

Director

Since Jun 2019

-549.22K

Net shares

Net seller

$7.44M

Total sold

Open market trades

0B · 3S

Total transactions

274.61K acquired · 823.83K disposed

Non-Derivative Transactions9

Class A common stock, par value $0.0001 per share

Indirect

C · Conversion

+151.91K

Price / share

—

Trade value

—

% of position

New position

12/10/2020

0.00→151.91K

Class A common stock, par value $0.0001 per share

Indirect

C · Conversion

+104.01K

Price / share

—

Trade value

—

% of position

New position

12/10/2020

0.00→104.01K

Class A common stock, par value $0.0001 per share

Indirect

C · Conversion

+18.69K

Price / share

—

Trade value

—

% of position

New position

12/10/2020

0.00→18.69K

Class A common stock, par value $0.0001 per share

Indirect

S · Sale

−151.91K

Price / share

$27.10

Trade value

$4.12M

% of position

New position

12/10/2020

151.91K→0.00

Class A common stock, par value $0.0001 per share

Indirect

S · Sale

−104.01K

Price / share

$27.10

Trade value

$2.82M

% of position

New position

12/10/2020

104.01K→0.00

Class A common stock, par value $0.0001 per share

Indirect

S · Sale

−18.69K

Price / share

$27.10

Trade value

$506.42K

% of position

New position

12/10/2020

18.69K→0.00

Class B common stock, par value $0.0001 per share

Indirect

J · J

−151.91K

Price / share

—

Trade value

—

% of position

50.0%

12/10/2020

303.82K→151.91K

Class B common stock, par value $0.0001 per share

Indirect

J · J

−104.01K

Price / share

—

Trade value

—

% of position

50.0%

12/10/2020

208.02K→104.01K

Class B common stock, par value $0.0001 per share

Indirect

J · J

−18.69K

Price / share

—

Trade value

—

% of position

50.0%

12/10/2020

37.37K→18.69K

Total

Net shares

−274.61K

Net value

-$7.44M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	C · Conversion	+151.91K	—	—	New position	0.00	151.91K
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	C · Conversion	+104.01K	—	—	New position	0.00	104.01K
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	C · Conversion	+18.69K	—	—	New position	0.00	18.69K
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	S · Sale	−151.91K	$27.10	$4.12M	New position	151.91K	0.00
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	S · Sale	−104.01K	$27.10	$2.82M	New position	104.01K	0.00
Class A common stock, par value $0.0001 per share Indirect	12/10/2020	S · Sale	−18.69K	$27.10	$506.42K	New position	18.69K	0.00
Class B common stock, par value $0.0001 per share Indirect	12/10/2020	J · J	−151.91K	—	—	50.0%	303.82K	151.91K
Class B common stock, par value $0.0001 per share Indirect	12/10/2020	J · J	−104.01K	—	—	50.0%	208.02K	104.01K
Class B common stock, par value $0.0001 per share Indirect	12/10/2020	J · J	−18.69K	—	—	50.0%	37.37K	18.69K
Total			−274.61K		-$7.44M

Derivative Transactions3

Common Units

Indirect

C · Conversion

Converts to

Class A common stock, par value $0.0001 per share

151.91K shares

−151.91K

Strike price

Held after

151.91K

Exercisable

—

12/10/2020

Common Units

Indirect

C · Conversion

Converts to

Class A common stock, par value $0.0001 per share

104.01K shares

−104.01K

Strike price

Held after

104.01K

Exercisable

—

12/10/2020

Common Units

Indirect

C · Conversion

Converts to

Class A common stock, par value $0.0001 per share

18.69K shares

−18.69K

Strike price

Held after

18.69K

Exercisable

—

12/10/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Common Units Indirect	Class A common stock, par value $0.0001 per share151.91K shares	12/10/2020	C · Conversion	−151.91K	—	151.91K
Common Units Indirect	Class A common stock, par value $0.0001 per share104.01K shares	12/10/2020	C · Conversion	−104.01K	—	104.01K
Common Units Indirect	Class A common stock, par value $0.0001 per share18.69K shares	12/10/2020	C · Conversion	−18.69K	—	18.69K

Non-Derivative Holdings (Post-Transaction)1

Class B common stock, par value $0.0001 per share

Direct

Shares owned11.72K

Total

11.72K direct11.72K

Security Title	Shares Owned	Ownership Type
Class B common stock, par value $0.0001 per share	11.72K	Direct
Total	11.72K	11.72K direct

Derivative Holdings (Post-Transaction)1

Common Units

Direct

Underlying security

Class A common stock, par value $0.0001 per share

Underlying shares

11.72K

Shares owned

11.72K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

11.72K

Owned

11.72K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Common Units Direct	Class A common stock, par value $0.0001 per share		—	—	11.72K	11.72K
Total					11.72K	11.72K