0001580695-22-000014.txt : 20220204 0001580695-22-000014.hdr.sgml : 20220204 20220204172122 ACCESSION NUMBER: 0001580695-22-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210624 FILED AS OF DATE: 20220204 DATE AS OF CHANGE: 20220204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cowart Benjamin P CENTRAL INDEX KEY: 0001457168 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11476 FILM NUMBER: 22594624 MAIL ADDRESS: STREET 1: 2506 DEEP OAK COURT 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 form4.xml CHANGES IN BENEFICIAL OWNERSHIP X0306 4 2021-06-24 0 0000890447 Vertex Energy Inc. VTNR 0001457168 Cowart Benjamin P 1331 GEMINI STREET SUITE 250 HOUSTON TX 77058 1 1 1 0 CEO and President Common Stock 2021-04-11 5 G 0 E 152817 0 D 1771334 D Common Stock 2021-08-10 5 J 0 E 1000000 0 D 618517 D Common Stock 174085 I Through spouse Common Stock 70214 I Through The Shelley T. Cowart 2016 Grantor Retained Annuity Trust Common Stock 2021-06-24 4 M 0 45833 A 4852594 I Through B&S Cowart II Family LP Common Stock 2021-07-01 4 M 0 8013 1.53 A 4850607 I Through B&S Cowart II Family LP Common Stock 2021-08-10 5 J 0 E 1000000 0 A 5850607 I Through B&S Cowart II Family LP Common Stock 7500 I Through Vertex Holdings, LP Common Stock 100765 I Through VTX Inc. Series B1 Preferred Stock 1.56 2021-06-24 4 M 0 45833 D Common Stock 45833 0 I Through B&S Cowart II Family LP Common Stock Purchase Warrants 1.53 2021-07-01 4 M 0 8013 0 D 2016-11-14 2021-11-13 Common Stock 8013 0 I Through B&S Cowart II Family LP Represents the transfer of shares from Mr. Cowart's personal record ownership to his family partnership, which did not result in a change of beneficial ownership of such securities. Reflects the automatic conversion of shares of Series B1 Preferred Stock into common stock, on a one-for-one basis, in connection with the triggering of the Automatic Conversion. The Series B1 Preferred Stock (including accrued and unpaid dividends) was 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 traded at or above $3.90 per share (250% of the Unit Price) for a period of 20 consecutive trading days, the Series B1 Preferred Stock converted into common stock on a one-for-one basis (an "Automatic Conversion"). The Series B1 Preferred Stock did not have an expiration date. Mr. Cowart disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. /s/ Benjamin P. Cowart 2022-02-04