Herning Andrew J 4
4 · BTRS Holdings Inc. · Filed Dec 5, 2022
Insider Transaction Report
Form 4
Herning Andrew J
Senior Vice President, Finance
Transactions
- Exercise/Conversion
Class 1 Common Stock
2022-12-01$1.77/sh+106,608$188,696→ 199,419 total - Exercise/Conversion
Class 1 Common Stock
2022-12-01$2.19/sh+37,175$81,413→ 236,594 total - Exercise/Conversion
Stock Option (right to buy)
2022-12-01−37,175→ 27,107 totalExercise: $2.19Exp: 2030-05-11→ Class 1 Common Stock (37,175 underlying) - Exercise/Conversion
Stock Option (right to buy)
2022-12-01−7,914→ 0 totalExercise: $2.19Exp: 2030-05-11→ Class 1 Common Stock (7,914 underlying) - Sale
Class 1 Common Stock
2022-12-01$9.46/sh−30,456$288,114→ 214,052 total - Exercise/Conversion
Class 1 Common Stock
2022-12-01$2.19/sh+7,914$17,332→ 244,508 total - Exercise/Conversion
Stock Option (right to buy)
2022-12-01−106,608→ 0 totalExercise: $1.77Exp: 2025-12-15→ Class 1 Common Stock (106,608 underlying)
Footnotes (4)
- [F1]The 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]These stock options were granted December 16, 2015 and vested and became exercisable in eight semi-annual installments, subject to the Reporting Person's continuous service.
- [F3]These stock options were granted May 12, 2020 and vested and became exercisable in eight semi-annual installments, subject to the Reporting Person's continuous service.
- [F4]These stock options were granted May 12, 2020 and vested and became exercisable in four semi-annual installments, subject to the Reporting Person's continuous service.