Home/Filings/4/0001774155-21-000021
4//SEC Filing

Lane Flint A. 4

Accession 0001774155-21-000021

CIK 0001774155other

Filed

Apr 5, 8:00 PM ET

Accepted

Apr 6, 5:36 PM ET

Size

6.3 KB

Accession

0001774155-21-000021

Insider Transaction Report

Form 4
Period: 2021-03-24
Lane Flint A.
DirectorChief Executive Officer10% Owner
Transactions
  • Tax Payment

    Class 1 Common Stock

    2021-03-24$14.73/sh28,227$415,78417,516,656 total
Holdings
  • Class 1 Common Stock

    (indirect: By GRAT)
    7,839,464
Footnotes (2)
  • [F1]This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the settlement of certain of the Earnout Rights under that certain Business Combination Agreement, dated as of October 18, 2020 and as amended, by and among the Issuer and certain other parties thereto.
  • [F2]These Shares are held by the Flint Lane 2009 Grantor Retained Annuity Trust (the "GRAT") for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the GRAT. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Issuer

BTRS Holdings Inc.

CIK 0001774155

Entity typeother

Related Parties

1
  • filerCIK 0001836198

Filing Metadata

Form type
4
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 5:36 PM ET
Size
6.3 KB