Marc Christopher Thompson - 04 Mar 2024 Form 4 Insider Report for EverCommerce Inc. (EVCM)

Signature
/s/ Lisa Storey, Attorney-in-fact
Issuer symbol
EVCM
Transactions as of
04 Mar 2024
Net transactions value
-$63,839
Form type
4
Filing time
06 Mar 2024, 21:29:31 UTC
Previous filing
26 Feb 2024
Next filing
04 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVCM Common Stock Sale $20,191 -2,101 -0.17% $9.61 1,208,936 04 Mar 2024 Direct F1
transaction EVCM Common Stock Sale $43,648 -4,823 -0.4% $9.05 1,204,113 05 Mar 2024 Direct F2
holding EVCM Common Stock 70,000 04 Mar 2024 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 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.