SEC Form 4 · accession 0001580695-18-000199
Vertex Energy Inc. · VTNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
john noel strickland
Officer — COO
Period of report
Apr 12, 2018
Accepted (ET)
Apr 16, 2018 · 7:36 pm EDT
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 | holding | — | — | — | 62,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $1.14 | Apr 12, 2018 | A | 29,250 | A | Apr 12, 2019 | Apr 12, 2028 | Common Stock | 29,250 | 29,250 | D |
| Option to Purchase Common StockF1 | $1.14 | Apr 12, 2018 | A | 29,250 | A | Apr 12, 2020 | Aug 20, 2028 | Common Stock | 29,250 | 29,250 | D |
| Option to Purchase Common StockF1 | $1.14 | Apr 12, 2018 | A | 29,250 | A | Apr 12, 2021 | Aug 20, 2028 | Common Stock | 29,250 | 29,250 | D |
| Option to Purchase Common StockF1 | $1.14 | Apr 12, 2018 | A | 29,250 | A | Apr 12, 2022 | Aug 20, 2028 | Common Stock | 29,250 | 29,250 | D |
Explanation of responses
- F1On April 12, 2018, the Issuer's Board of Directors approved the grant of options to purchase 117,000 shares of common stock to the Reporting Person in consideration for services rendered and to be rendered to the Issuer, which options were granted pursuant to the Amended and Restated 2013 Stock Incentive Plan of the Issuer, which issuance was exempt from Section 16(b) pursuant to Rule 16b-3(d).