Matthew David Feierstein - Jul 3, 2023 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Role
President
Signature
/s/ Lisa Storey, Attorney-in-fact
Stock symbol
EVCM
Transactions as of
Jul 3, 2023
Transactions value $
-$14,750
Form type
4
Date filed
7/6/2023, 09:03 PM
Previous filing
Jul 6, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Sale -$14.7K -1.27K -0.06% $11.66 2.3M Jul 3, 2023 Direct F1
holding EVCM Common Stock 150K Jul 3, 2023 By Family Trust
* 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 July 21, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.