James F. Dullinger - Mar 9, 2024 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Signature
/s/ James F. Dullinger, by Louis Adimando, as attorney-in-fact
Stock symbol
BMTX
Transactions as of
Mar 9, 2024
Transactions value $
-$814
Form type
4
Date filed
3/12/2024, 04:03 PM
Previous filing
Feb 13, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTX Common Stock Options Exercise $0 +1.6K +42.49% $0.00 5.37K Mar 9, 2024 Direct F1
transaction BMTX Common Stock Tax liability -$814 -445 -8.29% $1.83 4.92K Mar 9, 2024 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 -1.6K -50% $0.00 1.6K Mar 9, 2024 Common Stock 1.6K 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 March 9, 2022. Restricted stock units convert into 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 March 9, 2024.
F3 The remaining unvested portion of this restricted stock unit award will vest on March 9, 2025, 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.