Lisa E. Storey - 04 Dec 2023 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Signature
/s/ Lisa Storey
Issuer symbol
EVCM
Transactions as of
04 Dec 2023
Net transactions value
-$18,397
Form type
4
Filing time
06 Dec 2023, 21:22:46 UTC
Previous filing
05 Oct 2023
Next filing
08 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Sale $7,124 -736 -0.65% $9.68 111,997 04 Dec 2023 Direct F1
transaction EVCM Common Stock Sale $11,272 -1,203 -1.1% $9.37 110,794 05 Dec 2023 Direct F2
holding EVCM Common Stock 2,941 04 Dec 2023 By Spouse
* 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 March 28, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Shares were sold to cover taxes upon the vesting of RSUs pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on April 3, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.