Bennett Bruce Tyler 4
4 · Benson Hill, Inc. · Filed Oct 3, 2023
Insider Transaction Report
Form 4
Bennett Bruce Tyler
President, Ingredients
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-29−15,750→ 31,500 total→ Common Stock, $0.0001 par value per share (15,750 underlying) - Sale
Common Stock
2023-09-29$0.33/sh−4,615$1,530→ 38,701 total - Exercise/Conversion
Common Stock
2023-09-29+15,750→ 43,316 total
Footnotes (3)
- [F1]Represents vesting of the second of four tranches of restricted stock units granted on September 29, 2021 under the Issuer's 2021 Omnibus Incentive Plan. The remaining tranches will vest in equal installments on September 29, 2024 and 2025, respectively.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F3]Represents shares automatically sold pursuant to an irrevocable sell-to-cover instruction, dated as of December 7, 2022, intended to satisfy the provisions of Rule 10b5-1. The shares were sold to satisfy tax withholding obligations in connection with the vesting of 15,750 restricted stock units on September 29, 2023.