Terrence Kyle Form 3 Vertex / Terrence Kyle ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kyle Terrence

(Last) (First) (Middle)

C/O VERTEX, INC.

2301 RENAISSANCE BLVD

(Street)

KING OF PRUSSIA PA 19406

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/29/2020

3. Issuer Name and Ticker or Trading Symbol
Vertex, Inc. [ VERX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	47,517(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	(2)	(2)	Class A Common Stock	111,000	0.419	D
Stock Option	(2)	(2)	Class A Common Stock	90,000	0.551	D
Stock Option	(2)	(2)	Class A Common Stock	72,000	0.714	D
Stock Option	(3)	03/01/2026	Class A Common Stock	162,000	2.5	D
Stock Option	(3)	02/07/2029	Class A Common Stock	36,435	3.73	D
Stock Option	(3)	12/20/2029	Class A Common Stock	42,123	3.73	D

Explanation of Responses:

1. Includes 38,159 shares of restricted stock awards.

2. The option is fully vested and exercisable and has no expiration date.

3. The option is fully vested and exercisable.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Bryan Rowland, Attorney-in-Fact for Terrence Kyle	07/29/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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