0000950170-23-051680.txt : 20231003
0000950170-23-051680.hdr.sgml : 20231003
20231003173020
ACCESSION NUMBER: 0000950170-23-051680
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230929
FILED AS OF DATE: 20231003
DATE AS OF CHANGE: 20231003
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tensile Capital Management LP
CENTRAL INDEX KEY: 0001598843
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39413
FILM NUMBER: 231305590
BUSINESS ADDRESS:
STREET 1: 700 LARKSPUR LANDING CIRCLE
STREET 2: SUITE 255
CITY: LARKSPUR
STATE: CA
ZIP: 94939
BUSINESS PHONE: 415-830-8160
MAIL ADDRESS:
STREET 1: 700 LARKSPUR LANDING CIRCLE
STREET 2: SUITE 255
CITY: LARKSPUR
STATE: CA
ZIP: 94939
FORMER NAME:
FORMER CONFORMED NAME: Tensile Capital Management LLC
DATE OF NAME CHANGE: 20140131
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vertex, Inc.
CENTRAL INDEX KEY: 0001806837
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 232081753
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2301 RENAISSANCE BOULEVARD
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
BUSINESS PHONE: (800) 355-3500
MAIL ADDRESS:
STREET 1: 2301 RENAISSANCE BOULEVARD
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
4
1
ownership.xml
4
X0508
4
2023-09-29
0001806837
Vertex, Inc.
VERX
0001598843
Tensile Capital Management LP
700 LARKSPUR LANDING CIRCLE
SUITE 255
LARKSPUR
CA
94939
false
false
true
false
false
Class A common stock
2023-09-29
4
S
false
60000
23.36
D
5806717
I
By Tensile Capital Partners Master Fund LP
This transaction was executed in multiple trades at prices ranging from $23.11 to $23.39; the price reported above reflects the weighted average sale price. The Reporting Persons (as defined below) undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
The shares are held directly by Tensile Capital Partners Master Fund LP. The reporting persons ("Reporting Persons") are Douglas J. Dossey, Arthur C. Young, Tensile Capital Management LP, Tensile Capital Management GP LLC, Tensile Capital GP LLC and Tensile Capital Partners Master Fund LP.
The general partner and investment adviser of Tensile Capital Partners Master Fund LP are Tensile Capital GP LLC and Tensile Capital Management LP, respectively. The general partner of Tensile Capital Management LP is Tensile Capital Management GP LLC.
Douglas J. Dossey and Arthur C. Young are the controlling principals of Tensile Capital Management LP, Tensile Capital Management GP LLC, and Tensile Capital GP LLC. Each of the Reporting Persons may be deemed to share beneficial ownership of the shares with Tensile Capital Partners Master Fund LP. Each of the Reporting Persons disclaim beneficial ownership of the shares, except to the extent of such person's pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
Tensile Capital Partners Master Fund LP, by: Tensile Capital GP LLC, its General Partner, /s/ Arthur Young, Managing Partner
2023-10-03