Warren Taylor - Apr 30, 2024 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Signature
/s/ Warren Taylor, by Louis Adimando, as attorney-in-fact
Stock symbol
BMTX
Transactions as of
Apr 30, 2024
Transactions value $
-$385
Form type
4
Date filed
5/14/2024, 04:01 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTX Common Stock Options Exercise $0 +670 +1.74% $0.00 39.1K Apr 30, 2024 Direct F1
transaction BMTX Common Stock Tax liability -$385 -242 -0.62% $1.59 38.9K Apr 30, 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 -670 -100% $0.00* 0 Apr 30, 2024 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 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 April 30, 2024.
F3 These restricted stock units granted on May 12, 2023 are vested in full. 50% of the restricted stock unit award vested on October 31, 2023 and 50% of the restricted stock unit award vested on April 30, 2024. No restricted stock units from this award remain unvested.