0001839882-23-007385.txt : 20230323
0001839882-23-007385.hdr.sgml : 20230323
20230323161533
ACCESSION NUMBER: 0001839882-23-007385
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230316
FILED AS OF DATE: 20230323
DATE AS OF CHANGE: 20230323
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stratton Christopher Allen
CENTRAL INDEX KEY: 0001470954
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11476
FILM NUMBER: 23756393
MAIL ADDRESS:
STREET 1: 1331 GEMINI STREET
STREET 2: #250
CITY: HOUSTON
STATE: TX
ZIP: 77058
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
STRATTON - CHANGES IN BENEFICIAL OWNERSHIP
X0407
4
2023-03-16
0
0000890447
Vertex Energy Inc.
VTNR
0001470954
Stratton Christopher Allen
1331 GEMINI STREET
SUITE 250
HOUSTON
TX
77058
1
0
0
0
0
Common Stock
2023-03-16
4
M
0
60000
1.26
A
126913
D
Common Stock
2023-03-16
4
F
0
9193
8.22
D
117720
D
Common Stock
2023-03-16
4
M
0
45000
1.45
A
162720
D
Common Stock
2023-03-16
4
F
0
7934
8.22
D
154786
D
Common Stock
2023-03-16
4
M
0
15000
1.92
A
169786
D
Common Stock
2023-03-16
4
F
0
3502
8.22
D
166284
D
Option to Purchase Common Stock
1.26
2023-03-16
4
M
0
60000
0
D
2026-12-13
Common Stock
60000
0
D
Option to Purchase Common Stock
1.45
2023-03-16
4
M
0
45000
0
D
2029-05-20
Common Stock
45000
15000
D
Option to Purchase Common Stock
1.92
2023-03-16
4
M
0
15000
0
D
2031-05-14
Common Stock
15000
45000
D
Represents a "net exercise" of outstanding stock options. The reporting person received 50,807 shares of common stock upon the net exercise of options to purchase 60,000 shares of common stock. The Company withheld 9,193 shares of common stock underlying the portion of the option exercised for payment of the exercise price, using the fair market value on March 16, 2023, pursuant to the terms of the applicable option agreement.
Represents a "net exercise" of outstanding stock options. The reporting person received 37,066 shares of common stock upon the net exercise of options to purchase 45,000 shares of common stock. The Company withheld 7,934 shares of common stock underlying the portion of the option exercised for payment of the exercise price, using the fair market value on March 16, 2023, pursuant to the terms of the applicable option agreement.
Represents a "net exercise" of outstanding stock options. The reporting person received 11,498 shares of common stock upon the net exercise of options to purchase 15,000 shares of common stock. The Company withheld 3,502 shares of common stock underlying the portion of the option exercised for payment of the exercise price, using the fair market value on March 16, 2023, pursuant to the terms of the applicable option agreement.
A total of 15,000 of the options vested on each of December 13, 2017, 2018, 2019 and 2020.
A total of 15,000 of the options vested on each of May 20, 2020, 2021 and 2022.
The 15,000 options vested on May 14, 2022.
These options vest on May 20, 2023, subject to the Reporting Person's continued service to the Issuer on such date.
These options vest at the rate of 15,000 of such options on each of May 14, 2023, 2024 and 2025, subject to the Reporting Person's continued service to the Issuer on such dates.
/s/ Christopher Allen Stratton
2023-03-23