0001580695-21-000022.txt : 20210121 0001580695-21-000022.hdr.sgml : 20210121 20210121163259 ACCESSION NUMBER: 0001580695-21-000022 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210114 FILED AS OF DATE: 20210121 DATE AS OF CHANGE: 20210121 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Carlson Chris CENTRAL INDEX KEY: 0001457633 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11476 FILM NUMBER: 21542409 MAIL ADDRESS: STREET 1: 4418 CEDAR RIDGE TRAIL CITY: HOUSTON STATE: TX ZIP: 77059 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Vertex Energy Inc. CENTRAL INDEX KEY: 0000890447 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 943439569 STATE OF INCORPORATION: NV 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 carlson-form4_011421.xml CHANGES IN BENEFICIAL OWNERSHIP X0306 4 2021-01-14 0 0000890447 Vertex Energy Inc. VTNR 0001457633 Carlson Chris 1331 GEMINI STREET SUITE 250 HOUSTON TX 77058 0 1 0 0 CFO & Secretary Common Stock 772906 D Series B1 Preferred Stock 1.56 2021-01-14 4 J 0 1075 A 2021-01-14 Common Stock 1075 44055 D Mr. Carlson was issued the shares of Series B1 Preferred Stock in-kind in lieu of dividends which accrued on Series B1 Preferred Stock shares held by Mr. Carlson for the quarter ended December 31, 2020. The terms of the Series B1 Preferred Stock are described in greater detail in the Current Report filed by the Issuer on May 13, 2016. Exempt from Section 16(b) pursuant to Rule 16b-3(d). The Series B1 Preferred Stock (including accrued and unpaid dividends) is convertible into shares of the Issuer's common stock at the holder's option at any time at the Unit Price (initially a one-for-one basis). If the Issuer's common stock trades at or above $3.90 per share (250% of the Unit Price) for a period of 20 consecutive trading days, the Issuer may at such time force conversion of the Series B1 Preferred Stock (including accrued and unpaid dividends) into common stock of the Issuer. The Series B1 Preferred Stock has no expiration date. /s/ Chris Carlson 2021-01-21