Home > Insider Trading > Filing (0001580695-14-000549)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890447	Vertex Energy Inc.	VTNR	Petroleum Refining (2911)	943439569

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1457168	P Benjamin Cowart	1331 Gemini Street Suite 250 Houston TX 77058	Ceo & President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-08-13	80,000	$0.00	2,632,364	No	4	G	Direct
Common Stock	Acquisiton	2014-12-04	244,299	$3.07	244,299	No	4	P	Indirect	Through The Benjamin Paul Cowart 2012 Grantor Retained Annuity Trust
Common Stock	Acquisiton	2014-12-04	244,299	$3.07	244,299	No	4	P	Indirect	Through The Shelley T. Cowart 2012 Grantor Retained Annuity Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	G	Direct
No	4	P	Indirect	Through The Benjamin Paul Cowart 2012 Grantor Retained Annuity Trust
No	4	P	Indirect	Through The Shelley T. Cowart 2012 Grantor Retained Annuity Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants to Purchase Common Stock	Acquisiton	2014-12-04	109,934	$0.00	109,934	$3.01
Common Stock	Warrants to Purchase Common Stock	Acquisiton	2014-12-04	109,934	$0.00	109,934	$3.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
109,934	2014-12-04	2019-12-04	No	4	P	Indirect
109,934	2014-12-04	2019-12-04	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,796,761	Indirect	Through B&S Cowart II Family LP
Common Stock	7,500	Indirect	Through Vertex Holdings, Inc.
Common Stock	100,765	Indirect	Through VTX Inc.

Footnotes

On December 4, 2014, Mr. Cowart and his wife each purchased 244,299 shares of restricted common stock and five year warrants to purchase 109,934 shares of common stock for $750,000 or $1.5 million in aggregate. The securities are held by The Benjamin Paul Cowart 2012 Grantor Retained Annuity Trust (of which Mr. Cowart is the grantor and trustee) and the Shelley T. Cowart 2012 Grantor Retained Annuity Trust (which Mr. Cowart's wife serves as the grantor and trustee of), and Mr. Cowart is deemed to beneficially own the securities held by both trusts.