Ramsey Robert H 4
4 · BM Technologies, Inc. · Filed Jan 9, 2023
Insider Transaction Report
Form 4
Ramsey Robert H
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2022-01-04+3,750→ 61,555 total - Tax Payment
Class A Common Stock
[F3]2022-01-04$9.42/sh−1,327$12,500→ 60,228 total - Tax Payment
Class A Common Stock
[F4]2023-01-04$5.39/sh−18,903$101,887→ 41,325 total - Exercise/Conversion
Class A Common Stock
[F1]2023-01-04+3,750→ 45,075 total - Tax Payment
Class A Common Stock
[F5]2023-01-04$5.39/sh−1,322$7,126→ 43,753 total - Exercise/Conversion
Class A Common Stock
[F7]2023-01-04+2,004→ 45,757 total - Tax Payment
Class A Common Stock
[F5]2023-01-04$5.39/sh−704$3,795→ 45,053 total - Exercise/Conversion
Restricted Stock Unit
[F2][F1]2022-01-04−3,750→ 11,250 total→ Class A Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F1]2023-01-04−3,750→ 7,500 total→ Class A Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Unit
[F7][F6]2023-01-04−2,004→ 4,007 total→ Class A Common Stock (2,004 underlying)
Footnotes (7)
- [F1]Represents vested shares of restricted stock units granted on September 30, 2021. Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]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 Class A common stock upon vesting of the unit.
- [F3]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, 2022.
- [F4]Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of merger consideration shares that the Reporting Person was directed from Customers Bancorp, Inc. in connection with a severance agreement the Reporting Person entered into with Customers Bancorp, Inc.
- [F5]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, 2023.
- [F6]Represents vested shares of restricted stock units granted on March 11, 2022. Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F7]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 Class A common stock upon vesting of the unit.
Signature
/s/ Robert Ramsey, by Nelson Mullins Riley & Scarborough with Power of Attorney|2023-01-09