Sidhu Luvleen 4
4 · BM Technologies, Inc. · Filed Mar 6, 2024
Insider Transaction Report
Form 4
Sidhu Luvleen
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-01-04−62,500→ 62,500 total→ Common Stock (62,500 underlying) - Tax Payment
Common Stock
2024-01-04$2.11/sh−24,684$52,083→ 685,115 total - Tax Payment
Common Stock
2023-12-31$2.05/sh−28,462$58,347→ 647,299 total - Exercise/Conversion
Restricted Stock Unit
2024-01-04−2,186→ 2,185 total→ Common Stock (2,186 underlying) - Exercise/Conversion
Common Stock
2024-01-04+2,186→ 687,301 total - Exercise/Conversion
Common Stock
2024-01-04+62,500→ 709,799 total - Award
Common Stock
2023-12-31+64,090→ 675,761 total - Tax Payment
Common Stock
2024-01-04$2.11/sh−860$1,815→ 686,441 total
Footnotes (5)
- [F1]Represents shares withheld by the Issuer to satisfy Reporting Person's tax obligations in connection with the grant of Management Incentive Bonus awards.
- [F2]Represents vested shares of restricted stock units granted on September 30, 2021. Restricted stock units convert into Common Stock on a one-for-one basis.
- [F3]Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and delivery of restricted stock units on January 4, 2024.
- [F4]Represents vested shares of restricted stock units granted on March 11, 2022. Restricted stock units convert into Common Stock on a one-for-one basis.
- [F5]The remaining unvested portion of this restricted stock unit award will vest every year on January 4 until fully vested on January 4, 2025. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.