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