0001214782-11-000155.txt : 20111102 0001214782-11-000155.hdr.sgml : 20111102 20111102150249 ACCESSION NUMBER: 0001214782-11-000155 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090715 FILED AS OF DATE: 20111102 DATE AS OF CHANGE: 20111102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Borgen Dan CENTRAL INDEX KEY: 0001457698 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-53619 FILM NUMBER: 111174233 MAIL ADDRESS: STREET 1: 9500 NEW CENTURY CITY: PASADENA STATE: TX ZIP: 77507 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Vertex Energy Inc. CENTRAL INDEX KEY: 0000890447 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 943439569 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1331 GEMINI STREET STREET 2: SUITE 250 CITY: HOUSTON STATE: TX ZIP: 77058 BUSINESS PHONE: 866-660-8156 MAIL ADDRESS: STREET 1: 1331 GEMINI STREET STREET 2: SUITE 250 CITY: HOUSTON STATE: TX ZIP: 77058 FORMER COMPANY: FORMER CONFORMED NAME: WORLD WASTE TECHNOLOGIES INC DATE OF NAME CHANGE: 20040830 FORMER COMPANY: FORMER CONFORMED NAME: VOICE POWERED TECHNOLOGY INTERNATIONAL INC DATE OF NAME CHANGE: 19940831 4 1 primary_doc.xml PRIMARY DOCUMENT X0304 4 2009-07-15 0 0000890447 Vertex Energy Inc. VTNR.OB 0001457698 Borgen Dan 1331 GEMENI STREET SUITE 250 HOUSTON TX 77058 1 0 0 0 COMMON STOCK 2011-06-15 4 J 0 150000 1 A 150000 I Through KKB Holdings LLC STOCK OPTION 0.45 2009-07-15 4 A 0 20000 0.45 A 2010-07-15 2019-07-15 COMMON STOCK 20000 100000 D STOCK OPTION 0.45 2009-07-15 4 A 0 20000 0.45 A 2011-07-15 2019-07-15 COMMON STOCK 20000 100000 D STOCK OPTION 0.45 2009-07-15 4 A 0 20000 0.45 A 2012-07-15 2019-07-15 COMMON STOCK 20000 100000 D STOCK OPTION 0.45 2009-07-15 4 A 0 20000 0.45 A 2013-07-15 2019-07-15 COMMON STOCK 20000 100000 D STOCK OPTION 2.75 2011-09-23 4 A 0 6250 2.75 A 2012-09-23 2021-09-23 COMMON STOCK 6250 125000 D STOCK OPTION 2.75 2011-09-23 4 A 0 6250 2.75 A 2013-09-23 2021-09-23 COMMON STOCK 6250 125000 D STOCK OPTION 2.75 2011-09-23 4 A 0 6250 2.75 A 2014-09-23 2021-09-23 COMMON STOCK 6250 125000 D STOCK OPTION 2.75 2011-09-23 4 A 0 6250 2.75 A 2015-09-23 2021-09-23 COMMON STOCK 6250 125000 D Effective June 15, 2011, each share of Series B Preferred Stock outstanding, including 150,000 shares beneficially owned by the Reporting Person, automatically converted into shares of the Registrant's common stock on a one for one basis. There have been no changes in the ownership by the Reporting Person of the derivative securities originally reported in the Form 3 filed by the Reporting Person on April 17, 2009 and the Form 4 filed by the Reporting Person on September 2, 2010 (the "Prior Filings"), other than the vesting of Stock Options previously reported in such forms, pursuant to their terms. This Form 4 reflects the grant of options to purchase 80,000 shares at $.45 per share which were granted in July 2009 which were not previously reported. Readers should read and review those Prior Filings for detailed information on the Reporting Person's ownership of Derivative Securities, which information is incorporated by reference herein. The total number of Derivative Securities provided in the table above only includes Stock Options held by the Reporting Person and readers should review the Prior Filings for a summary of Stock Warrants held by the Reporting Person. /s/ Dan Borgen 2011-11-02