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