Luvleen Sidhu - 05 Dec 2024 Form 4 Insider Report for BM Technologies, Inc.

Signature
/s/ Luvleen Sidhu, by Louis Adimando, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
05 Dec 2024
Net transactions value
-$87,259
Form type
4
Filing time
27 Dec 2024, 16:42:51 UTC
Previous filing
14 May 2024
Next filing
03 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTX Common Stock Options Exercise $0 +62,500 +8.9% $0.000000 763,310 05 Dec 2024 Direct F1
transaction BMTX Common Stock Tax liability $84,312 -17,825 -2.3% $4.73 745,485 05 Dec 2024 Direct F2
transaction BMTX Common Stock Options Exercise $0 +2,185 +0.29% $0.000000 747,670 05 Dec 2024 Direct F3
transaction BMTX Common Stock Tax liability $2,947 -623 -0.08% $4.73 747,047 05 Dec 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 -62,500 -100% $0.000000 0 05 Dec 2024 Common Stock 62,500 Direct F1, F4
transaction BMTX Restricted Stock Unit Options Exercise $0 -2,185 -100% $0.000000 0 05 Dec 2024 Common Stock 2,185 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting of shares of restricted stock units granted on September 30, 2021. 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.
F3 Represents the accelerated vesting of shares of restricted stock units granted on March 11, 2022. Restricted stock units convert into common stock on a one-for-one basis.
F4 These restricted stock units granted on September 30, 2021 are vested in full. No restricted stock units from this award remain unvested.
F5 These restricted stock units granted on March 11, 2022 are vested in full. No restricted stock units from this award remain unvested.