Andrew J. Herning - May 26, 2021 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Role
Senior Vice President, Finance
Signature
/s/ Keith Omsberg Attorney-in-Fact
Stock symbol
BTRS
Transactions as of
May 26, 2021
Transactions value $
-$103,980
Form type
4
Date filed
5/28/2021, 03:18 PM
Previous filing
May 19, 2021
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Options Exercise $8.85K +5K +12.38% $1.77* 45.4K May 26, 2021 Direct
transaction BTRS Class 1 Common Stock Sale -$69.5K -5K -11.01% $13.90 40.4K May 26, 2021 Direct
transaction BTRS Class 1 Common Stock Options Exercise $6.2K +3.5K +8.66% $1.77* 43.9K May 28, 2021 Direct
transaction BTRS Class 1 Common Stock Sale -$49.5K -3.5K -7.97% $14.15 40.4K May 28, 2021 Direct

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 BTRS Stock Option (right to buy) Options Exercise $0 -5K -3.84% $0.00 125K May 26, 2021 Class 1 Common Stock 5K $1.77 Direct F1
transaction BTRS Stock Option (right to buy) Options Exercise $0 -3.5K -2.8% $0.00 122K May 28, 2021 Class 1 Common Stock 3.5K $1.77 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class 1 common stock underlying this option vested and became first exercisable on June 16, 2016, and thereafter in semi-annual installments, subject to the Reporting Person's continuous service with the Issuer on each such date.