Farrell Robert 4
4 · BTRS Holdings Inc. · Filed Apr 5, 2021
Insider Transaction Report
Form 4
Farrell Robert
Director
Transactions
- Award
Class 1 Common Stock
2021-04-01+3,415→ 33,877 total
Footnotes (1)
- [F1]The Reporting Person was granted restricted stock units ("RSUs") under the Issuers 2020 Equity Incentive Plan pursuant to the Issuers Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuers Class 1 Common Stock. In accordance with the Non-Employee Director Compensation Policy, the RSUs became fully vested on the date of grant. The shares of Class 1 Common Stock to be received for each vested RSU are subject to a Lock-Up Agreement (the Lock-Up) until July 12, 2021. The terms of the Lock-Up permit the vesting of RSUs by the Reporting Person and the shares of Class 1 Common Stock to be issued as a result of the vesting of the RSUs are subject to the terms of the Lock-Up.