0001580695-21-000283.txt : 20210924
0001580695-21-000283.hdr.sgml : 20210924
20210924181346
ACCESSION NUMBER: 0001580695-21-000283
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210922
FILED AS OF DATE: 20210924
DATE AS OF CHANGE: 20210924
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: 001-11476
FILM NUMBER: 211278483
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: 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
ownership.xml
X0306
4
2021-09-22
0
0000890447
Vertex Energy Inc.
VTNR
0001457698
Borgen Dan
1331 GEMINI STREET
SUITE 250
HOUSTON
TX
77058
1
0
0
0
Common Stock
195324
I
Through KKB Holdings LLC
Common Stock
2021-09-22
4
M
0
25000
2.75
A
25000
D
Common Stock
2021-09-22
4
F
0
11143
5.99
D
13857
D
Stock Option
2.75
2021-09-22
4
M
0
25000
0.00
D
2021-09-23
Common Stock
25000
0
D
Represents a "net exercise" of outstanding stock options. The reporting person received 13,857 shares of common stock on the net exercise of an option to purchase 25,000 shares of common stock. The Issuer withheld 11,143 shares of common stock underlying the option in payment of the exercise price, based on the five-day volume weighted average closing price of the Issuer's common stock, for the five trading days prior to September 22, 2021, of $5.99, as calculated pursuant to the terms of the option award (the "FMV").
Options to purchase 6,250 shares vested on each of September 23, 2012, 2013, 2014 and 2015.
/s/ Dan Borgen
2021-09-24