Warren Taylor - Oct 31, 2023 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Role: Executive Vice President
Signature: /s/ Warren Taylor, by Louis Adimando, as attorney-in-fact
Stock symbol: BMTX
Transactions as of: Oct 31, 2023
Transactions value $: -$486
Form type: 4
Date filed: 2/13/2024, 04:11 PM
Previous filing: May 16, 2023
Next filing: May 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BMTX	Class A Common Stock	Options Exercise	$0	+670	+1.76%	$0.00	38.7K	Oct 31, 2023	Direct	F1
transaction	BMTX	Class A Common Stock	Tax liability	-$486	-207	-0.54%	$2.35	38.5K	Oct 31, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BMTX	Restricted Stock Unit	Options Exercise	$0	-670	-50%	$0.00	670	Oct 31, 2023	Class A Common Stock	670		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents vested shares of restricted stock units granted on May 12, 2023. Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2	Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and delivery of restricted stock units on October 31, 2023.
F3	The remaining unvested portion of this restricted stock unit award will vest on April 30, 2024, subject to the reporting person's continued employment with the Issuer. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.

Remarks:

Exhibit 24 - Power of Attorney