SEC Form 5 · accession 0001580695-16-000226

Vertex Energy Inc. · VTNR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO and President · Director · 10% Owner

Period of report

Dec 31, 2015

Accepted (ET)

Feb 5, 2016 · 12:47 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000890447

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jul 30, 2015	J	244,299	$0.00	D	0	I	Through The Benjamin Paul Cowart 2012 Grantor Retained Annuity Trust
Common Stock	Jul 30, 2015	J	244,299	$0.00	A	2,876,663	D
Common Stock	Jun 23, 2015	G	63,000	$0.00	D	2,813,663	D
Common Stock	Dec 17, 2015	J	244,299	$0.00	D	2,569,364	D
Common Stock	Dec 17, 2015	J	244,299	$0.00	A	244,299	I	Through The Benjamin Paul Cowart 2015 Grantor Retained Annuity Trust
Common Stock	Dec 29, 2015	G	100,000	$0.00	D	2,469,364	D

No Table II lines on this filing.

F1Represents shares of common stock transferred from The Benjamin Paul Cowart 2012 Grantor Retained Annuity Trust, which Mr. Cowart is deemed to beneficially own and control, and which shares Mr. Cowart indirectly beneficially owns, to Mr. Cowart individually, for no consideration, which transaction did not constitute a change in beneficial ownership for the purposes of Rule 13d-3 of the Exchange Act.
F2Represents gifts of 9,000 shares of common stock to each of seven of Mr. Cowart's relatives (63,000 shares in aggregate).
F3Represents shares of common stock transferred from Mr. Cowart individually, to The Benjamin Paul Cowart 2015 Grantor Retained Annuity Trust, which Mr. Cowart is deemed to beneficially own and control, and which shares Mr. Cowart indirectly beneficially owns, for no consideration, which transaction did not constitute a change in beneficial ownership for the purposes of Rule 13d-3 of the Exchange Act.
F4Represents the gift of 50,000 shares of common stock by Mr. Cowart to two churches (100,000 shares in aggregate).