Marc Christopher Thompson - Dec 4, 2023 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Signature
/s/ Lisa Storey, Attorney-in-fact
Stock symbol
EVCM
Transactions as of
Dec 4, 2023
Transactions value $
-$90,275
Form type
4
Date filed
12/6/2023, 09:22 PM
Previous filing
Oct 5, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Sale -$26.8K -2.77K -0.25% $9.68 1.1M Dec 4, 2023 Direct F1
transaction EVCM Common Stock Sale -$63.5K -6.78K -0.61% $9.37 1.1M Dec 5, 2023 Direct F2
holding EVCM Common Stock 70K Dec 4, 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 April 9, 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 restricted stock units ("RSUs") pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on March 29, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.