Herning Andrew J 4
4 · BTRS Holdings Inc. · Filed Jun 3, 2022
Insider Transaction Report
Form 4
Herning Andrew J
Senior Vice President, Finance
Transactions
- Sale
Class 1 Common Stock
2022-06-01$4.93/sh−5,496$27,095→ 93,105 total - Exercise/Conversion
Stock Option (right to buy)
2022-06-01−15,000→ 106,608 totalExercise: $1.77Exp: 2025-12-15→ Class 1 Common Stock (15,000 underlying) - Exercise/Conversion
Class 1 Common Stock
2022-06-01$1.77/sh+15,000$26,550→ 98,601 total
Footnotes (2)
- [F1]This transaction reported represents the sale of shares by the Reporting Person to pay the exercise price and related fees in connection with the exercise of stock options as disclosed in Table II.
- [F2]The shares of Class 1 common stock underlying these options vested and became first exercisable on December 16, 2015, and thereafter in semi-annual installments, subject to the Reporting Person's continuous service.