Robert A. Eberle - Feb 9, 2022 Form 4 Insider Report for BOTTOMLINE TECHNOLOGIES INC (EPAY)

Role
President & CEO, Director
Signature
Gwendolen Long as POA for Robert A. Eberle
Stock symbol
EPAY
Transactions as of
Feb 9, 2022
Transactions value $
-$390,317
Form type
4
Date filed
2/11/2022, 03:16 PM
Previous filing
Dec 23, 2021
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAY Common Stock Disposed to Issuer $0 -1.13K -0.24% $0.00 467K Feb 8, 2022 Direct F1, F2
transaction EPAY Common Stock Sale -$390K -6.89K -1.47% $56.66 460K Feb 9, 2022 Direct F3
holding EPAY Common Stock 39.6K Feb 9, 2022 Trust Holdings F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the forfeiture of performance-based restricted stock granted to the reporting person on July 26, 2019 that were eligible to vest based on certain financial performance objectives.
F2 Balance reflects the increase of 22,332 shares from the reporting person's Grantor Attained Annuity Trust to his personal account.
F3 Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.
F4 Reflects distribution of 22,332 shares from reporting person's Grantor Attained Annuity Trust to his personal account.
F5 Represents shares held by Grantor Retained Annuity Trust and by Eberle Family Irrevocable Trust.