STRICKLAND JOHN NOEL (COO) 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: 9/17/2021ACC: 0001580695-21-000267
Officer· COO
Since May 2019
-19.98K
Net shares
Net seller
$137.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
50K acquired · 69.98K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+50K
Price / share
$2.75
Trade value
$137.50K
% of position
16.0%
9/14/2021
312.11K→362.11K
Common Stock
Direct
Shares
−19.98K
Price / share
$6.88
Trade value
$137.50K
% of position
5.5%
9/14/2021
362.11K→342.13K
Total
Net shares
+30.02K
Net value
$3.20
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/14/2021 | M · Option Exercise | +50K | $2.75 | $137.50K | 16.0% | 312.11K | 362.11K |
| Common Stock Direct | 9/14/2021 | F · Tax Withholding | −19.98K | $6.88 | $137.50K | 5.5% | 362.11K | 342.13K |
| Total | +30.02K | $3.20 | ||||||
Derivative Transactions1
Stock Option
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
2.75
Held after
0.00
Exercisable
—
9/14/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock50K shares | 9/14/2021 | M · Option Exercise | −50K | 2.75 | — | 0.00 |