PHILLIPS DAVID L exercised options at VERTEX ENERGY INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 7/7/2021ACC: 0001580695-21-000187
0.00
Net shares
Net seller
$246.3K
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
85K acquired · 85K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+25K
Price / share
$2.75
Trade value
$68.75K
% of position
New position
6/28/2021
0.00→25K
Common Stock
Direct
Shares
+60K
Price / share
$2.96
Trade value
$177.60K
% of position
240.0%
6/28/2021
25K→85K
Total
Net shares
+85K
Net value
$246.35K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/28/2021 | M · Option Exercise | +25K | $2.75 | $68.75K | New position | 0.00 | 25K |
| Common Stock Direct | 6/28/2021 | M · Option Exercise | +60K | $2.96 | $177.60K | 240.0% | 25K | 85K |
| Total | +85K | $246.35K | ||||||
Derivative Transactions2
Stock Option
Direct
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
2.75
Held after
0.00
Exercisable
—
6/28/2021
Stock Option
Direct
Converts to
Common Stock
60K shares
Shares
−60K
Strike price
2.96
Held after
0.00
Exercisable
—
6/28/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock25K shares | 6/28/2021 | M · Option Exercise | −25K | 2.75 | — | 0.00 |
| Stock Option Direct | Common Stock60K shares | 6/28/2021 | M · Option Exercise | −60K | 2.96 | — | 0.00 |