Sarah Michelle Jordan - Dec 4, 2023 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Role
Chief Marketing Officer
Signature
/s/ Lisa Storey, Attorney-in-fact
Stock symbol
EVCM
Transactions as of
Dec 4, 2023
Transactions value $
-$88,076
Form type
4
Date filed
12/6/2023, 09:22 PM
Previous filing
Oct 5, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Sale -$6.69K -691 -0.39% $9.68 176K Dec 4, 2023 Direct F1
transaction EVCM Common Stock Sale -$10.6K -1.13K -0.64% $9.37 175K Dec 5, 2023 Direct F2
transaction EVCM Common Stock Options Exercise $77K +17.4K +9.96% $4.43 192K Dec 5, 2023 Direct
transaction EVCM Common Stock Options Exercise $39.1K +10.6K +5.52% $3.69 203K Dec 5, 2023 Direct
transaction EVCM Common Stock Sale -$187K -20K -9.86% $9.36 183K Dec 5, 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVCM Stock Option (Right to Buy) Options Exercise $0 -17.4K -100% $0.00* 0 Dec 5, 2023 Common Stock 17.4K $4.43 Direct F4
transaction EVCM Stock Option (Right to Buy) Options Exercise $0 -10.6K -100% $0.00* 0 Dec 5, 2023 Common Stock 10.6K $3.69 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold to cover taxes upon the vesting of restricted stock units ("RSUs") pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on March 25, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Shares were sold to cover taxes upon the vesting of RSUs pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on March 29, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.30 to $9.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The option is fully vested and exercisable.