| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BHIL | Common Stock Option (right to buy) | Sep 29, 2021 | Common Stock | 215K | $4.24 | Direct | F1 | ||||||
| holding | BHIL | Earn Out Awards | Sep 29, 2021 | Common Stock | 29.1K | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Granted on May 2, 2021. The common stock options vest in equal yearly installments over four years until fully vested on May 3, 2025. |
| F2 | On September 29, 2021 (the "Closing Date"), the reporting person received the right to acquire 29,148 shares of common stock in connection with the consummation of the business combination pursuant to the terms of the merger agreement dated as of May 8, 2021 by and among Star Peak Corp II (the Issuer's predecessor), STPC Merger Sub Corp. and Benson Hill, Inc. (n/k/a Benson Hill Holdings, Inc.), (i) one-half of which will be released from escrow if the dollar volume-weighted average closing price is greater than or equal to $14.00 over any 20 trading days within any 30 consecutive trading day period; and (ii) one-half of which will be released from such escrow if the dollar volume-weighted average closing price is greater than or equal to $16.00 over any 20 trading days within any 30 consecutive trading day period. |
| F3 | Any restricted stock units that do not vest within three years of the Closing Date will be forfeited and canceled. Settlement will generally occur within 10 days of vesting and may at the discretion of the plan administrator be settled in each or partly in cash and partly in shares. |
| F4 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |