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