Filing Details
- Accession Number:
- 0001728688-25-000095
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-15 16:41:17
- Reporting Period:
- 2025-05-13
- Filing Date:
- 2025-05-15
- Accepted Time:
- 2025-05-15 16:41:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1728688 | I3 Verticals Inc. | IIIV | Services-Business Services, Nec (7389) | 824052852 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1738150 | C. John Harrison | 40 Burton Hills Boulevard Suite 415 Nashville TN 37215 | Yes | No | No | No |
Transaction Summary
Sold: | 78,597 shares | Avg. Price: $24.81 | Total Value: $1,949,991.57 |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.0001 Per Share | Acquisiton | 2025-05-13 | 78,597 | $0.00 | 78,597 | No | 4 | C | Indirect | By HMP III Equity Holdings, LLC |
Class A Common Stock, Par Value $0.0001 Per Share | Disposition | 2025-05-13 | 78,597 | $24.81 | 0 | No | 4 | S | Indirect | By HMP III Equity Holdings, LLC |
Class B Common Stock, Par Value $0.0001 Per Share | Disposition | 2025-05-13 | 78,597 | $0.00 | 0 | No | 4 | J | Indirect | By HMP III Equity Holdings, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | By HMP III Equity Holdings, LLC |
No | 4 | S | Indirect | By HMP III Equity Holdings, LLC |
No | 4 | J | Indirect | By HMP III Equity Holdings, LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.0001 Per Share | Common Units | Disposition | 2025-05-13 | 78,597 | $0.00 | 78,597 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock, Par Value $0.0001 Per Share | 3,876 | Direct |
Footnotes
- Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of i3 Verticals, Inc. (the "Issuer") that were obtained upon a redemption of an equal number ofcommon units in i3 Verticals, LLC (the "Common Units").
- Represents shares of Class A Common Stock held by HMP III Equity Holdings, LLC ("HMPEH"). Decisions regarding the voting or disposition of the shares held by the foregoing are made by an investment committee or committees (or authorized sub-committees or designees thereof), of which the Reporting Person is a member. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.51 to $25.36, inclusive. The reporting person undertakesto provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate pricewithin the ranges set forth in this footnote.
- Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of the Issuer's Class B common stock, par value $0.0001 per share ("Class B Common Stock") arecancelled for no consideration on a one-to-one basis upon redemption of the Common Units for shares of Class A Common Stock of the Issuer.
- Represents shares of Class B Common Stock held by HMPEH. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- The Common Units may be redeemed by the holder at any time for an equal number of shares of Class A Common Stock or, at the election of i3 Verticals, LLC, cash equal to the volume-weighted average market price of such shares. Upon the redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled. The Common Units have no expiration date.
- Represents Common Units held by HMPEH. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.