Andrew J. Herning - Jun 1, 2022 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Role
Senior Vice President, Finance
Signature
/s/ Aimie Killeen, Attorney-in-Fact
Stock symbol
BTRS
Transactions as of
Jun 1, 2022
Transactions value $
-$545
Form type
4
Date filed
6/3/2022, 09:25 AM
Previous filing
May 18, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Options Exercise $26.6K +15K +17.94% $1.77* 98.6K Jun 1, 2022 Direct
transaction BTRS Class 1 Common Stock Sale -$27.1K -5.5K -5.57% $4.93 93.1K Jun 1, 2022 Direct F1

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 -15K -12.33% $0.00 107K Jun 1, 2022 Class 1 Common Stock 15K $1.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.