WHITSON CLAY M

SEC source: 0001072796-26-000001 · wk-form4_1770936302.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,928

F1 · shares: Reflects the shares withheld to cover the payment of taxes following the vesting of 10,000 restricted stock units originally granted on February 11, 2025.

SEC source: 0001072796-26-000001 · wk-form4_1770936302.xml · derivative · entry 2

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 180,000

Underlying: Class A common stock, par value $0.0001 per share · 180,000 shares

Expires 2036-02-10

F2 · derivative.exercise_date: The options vest ratably in five equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001072796-25-000005 · wk-form4_1763414051.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,168

F1 · shares: Represents performance-based restricted stock units which vest based on the achievement of certain adjusted diluted earnings per share targets, which, on November 14, 2025, the Compensation Committee of the Board of Directors of the Issuer determined were achieved. Such performance-based restricted stock units were originally granted on September 2, 2022. Performance-based restricted stock units with respect to 10,000 shares of Class A common stock of the Issuer remain eligible to vest in respect of performance for future fiscal years.

SEC source: 0001072796-25-000006 · wk-form4_1767224513.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,265

F1 · shares: Reflects the shares withheld to cover the payment of taxes following the vesting of 15,000 performance-based restricted stock units originally granted on September 2, 2022.

SEC source: 0001728688-25-000059 · wk-form4_1739397313.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,168

F1 · shares: Reflects restricted stock units that will vest ratably in four equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001728688-25-000026 · wk-form4_1737757318.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 253,584

F1 · kind: On January 23, 2025, the common units of i3 Verticals, LLC (the "Common Units") were recapitalized through a reverse unit split, which resulted in the retirement without consideration of 369,256 shares of the Issuer's Class B common stock, par value $0.0001 per share (the "Class B Common Stock") in accordance with the Amended and Restated Certificate of Incorporation of the Issuer (collectively, the "Recapitalization"). As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by the Reporting Person were reduced by 9,708.

F1 · price: On January 23, 2025, the common units of i3 Verticals, LLC (the "Common Units") were recapitalized through a reverse unit split, which resulted in the retirement without consideration of 369,256 shares of the Issuer's Class B common stock, par value $0.0001 per share (the "Class B Common Stock") in accordance with the Amended and Restated Certificate of Incorporation of the Issuer (collectively, the "Recapitalization"). As a result of the Recapitalization, the Common Units and shares of Class B Common Stock beneficially owned by the Reporting Person were reduced by 9,708.

SEC source: 0001728688-24-000038 · wk-form4_1707946691.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Class A common stock, par value $0.0001 per share · 100,000 shares

Expires 2034-02-13

F1 · derivative.exercise_date: The options vest ratably in four equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-23-029823 · doc4.xml · derivative · entry 3

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Clay M. Whitson 2018 GRAT

Disclosed balance after: 0

Underlying: Class A common stock, par value $0.0001 per share · 35,570 shares

Expires not disclosed

F5 · derivative.exercise_price: The Common Units may be redeemed by the Reporting Person 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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F6 · kind: The reporting person caused the Trust to transfer for no consideration these Common Units.

F5 · derivative.exercise_date: The Common Units may be redeemed by the Reporting Person 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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F7 · derivative.exercise_date: All Common Units are fully vested and have no expiration date.

F5 · derivative.expiration_date: The Common Units may be redeemed by the Reporting Person 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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F7 · derivative.expiration_date: All Common Units are fully vested and have no expiration date.

F8 · ownership.nature: Represents Common Units held by the Trust.

SEC source: 0001209191-23-029823 · doc4.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Clay M. Whitson 2018 GRAT

Disclosed balance after: 0

F1 · kind: The reporting person caused the Clay M. Whitson 2018 Grantor Retained Annuity Trust (the "Trust") to transfer for no consideration these shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock") of i3 Verticals, Inc. (the "Issuer").

F2 · ownership.nature: Represents shares of Class B Common Stock of the Issuer held by the Trust.

SEC source: 0001209191-23-009847 · doc4.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,076

Underlying: Class A common stock, par value $0.0001 per share · 101,076 shares

Expires 2033-02-13

F1 · derivative.exercise_date: The options vest ratably in four equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-22-009827 · doc4.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,000

Underlying: Class A common stock, par value $0.0001 per share · 35,000 shares

Expires 2032-02-11

F1 · derivative.exercise_date: The options vest ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-21-042702 · doc4.xml · derivative · entry 2

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,924

Underlying: Class A common stock, par value $0.0001 per share · 7,692 shares

Expires 2028-06-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-21-042702 · doc4.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,168

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-21-010106 · doc4.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,000

Underlying: Class A common stock, par value $0.0001 per share · 35,000 shares

Expires 2031-02-11

F1 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-20-064285 · doc4.xml · derivative · entry 4

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,616

Underlying: Class A common stock, par value $0.0001 per share · 7,692 shares

Expires 2028-06-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-20-064285 · doc4.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,476

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-010318 · doc4.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,000

Underlying: Class A common stock, par value $0.0001 per share · 32,000 shares

Expires 2030-02-13

F1 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-19-039344 · doc4.xml · derivative · entry 2

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,308

Underlying: Class A common stock, par value $0.0001 per share · 7,692 shares

Expires 2028-06-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001209191-19-039344 · doc4.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,784

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-19-011635 · doc4.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class A common stock, par value $0.0001 per share · 50,000 shares

Expires 2029-02-19

F1 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · derivative · entry 6

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Clay M. Whitson 2018 GRAT

Disclosed balance after: 50,573

Underlying: Class A common stock, par value $0.0001 per share · 50,573 shares

Expires not disclosed

F5 · derivative.exercise_price: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F6 · kind: Pursuant to the Reorganization Transactions (as defined in the Registration Statement) as part of the Issuer's IPO, the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued Common Units together with an equal number of Class B Common Stock, in the Issuer.

F5 · price: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F5 · derivative.exercise_date: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F5 · derivative.expiration_date: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F8 · ownership.nature: Represents Common Units held by the Trust.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · derivative · entry 5

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 248,289

Underlying: Class A common stock, par value $0.0001 per share · 248,289 shares

Expires not disclosed

F5 · derivative.exercise_price: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F6 · kind: Pursuant to the Reorganization Transactions (as defined in the Registration Statement) as part of the Issuer's IPO, the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued Common Units together with an equal number of Class B Common Stock, in the Issuer.

F5 · price: The vested Common Units may be redeemed by the Reporting Person at any time following the closing of the Issuer's IPO for an equal number of shares of Class A common stock, par value $0.0001 per share (the "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 Reporting Person's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.

F7 · price: 210,600 Common Units are vested, 9,795 Common Units will vest on November 29, 2019 and 27,894 Common Units will vest on August 10, 2020, subject to the Reporting Person's continued service with the Issuer. The Common Units have no expiration date.

F7 · derivative.exercise_date: 210,600 Common Units are vested, 9,795 Common Units will vest on November 29, 2019 and 27,894 Common Units will vest on August 10, 2020, subject to the Reporting Person's continued service with the Issuer. The Common Units have no expiration date.

F7 · derivative.expiration_date: 210,600 Common Units are vested, 9,795 Common Units will vest on November 29, 2019 and 27,894 Common Units will vest on August 10, 2020, subject to the Reporting Person's continued service with the Issuer. The Common Units have no expiration date.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · derivative · entry 4

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Class A common stock, par value $0.0001 per share · 100,000 shares

Expires 2028-06-25

F4 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · nonDerivative · entry 3

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Clay M. Whitson 2018 GRAT

Disclosed balance after: 50,573

F2 · kind: Pursuant to the Reorganization Transactions (as defined in i3 Verticals, Inc.'s (the "Issuer") Registration Statement on Form S-1, as amended (File No. 333-225214) (the "Registration Statement")) as part of the Issuer's initial public offering ("IPO"), the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued common units in i3 Verticals, LLC (each a "Common Unit") together with an equal number of shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), in the Issuer. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of Common Units.

F2 · price: Pursuant to the Reorganization Transactions (as defined in i3 Verticals, Inc.'s (the "Issuer") Registration Statement on Form S-1, as amended (File No. 333-225214) (the "Registration Statement")) as part of the Issuer's initial public offering ("IPO"), the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued common units in i3 Verticals, LLC (each a "Common Unit") together with an equal number of shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), in the Issuer. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of Common Units.

F3 · ownership.nature: Represents shares of Class B Common Stock held by the Clay M. Whitson 2018 Grantor Retained Annuity Trust (the "Trust"), of which the Reporting Person is trustee and beneficiary.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · nonDerivative · entry 2

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 248,289

F2 · kind: Pursuant to the Reorganization Transactions (as defined in i3 Verticals, Inc.'s (the "Issuer") Registration Statement on Form S-1, as amended (File No. 333-225214) (the "Registration Statement")) as part of the Issuer's initial public offering ("IPO"), the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued common units in i3 Verticals, LLC (each a "Common Unit") together with an equal number of shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), in the Issuer. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of Common Units.

F2 · price: Pursuant to the Reorganization Transactions (as defined in i3 Verticals, Inc.'s (the "Issuer") Registration Statement on Form S-1, as amended (File No. 333-225214) (the "Registration Statement")) as part of the Issuer's initial public offering ("IPO"), the Reporting Person's equity ownership in i3 Verticals, LLC was converted into newly issued common units in i3 Verticals, LLC (each a "Common Unit") together with an equal number of shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), in the Issuer. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of Common Units.

SEC source: 0001628280-18-008347 · wf-form4_152997653719620.xml · nonDerivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,092

F1 · kind: Issued pursuant to a voluntary private conversion of certain subordinated notes of i3 Verticals, LLC.

SEC source: 0001209191-18-047446 · doc4a.xml · derivative · entry 1

WHITSON CLAY M · CIK 0001072796 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Class A common stock, par value $0.0001 per share · 100,000 shares

Expires 2028-06-20

F1 · date: This Amendment is provided to revise the Transaction Date in Column 3 and the Expiration Date in Column 6.

F2 · derivative.exercise_date: The option vests ratably in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with i3 Verticals, Inc.

F1 · derivative.expiration_date: This Amendment is provided to revise the Transaction Date in Column 3 and the Expiration Date in Column 6.