Luvleen Sidhu - Dec 5, 2024 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Role
Chief Executive Officer, Director
Signature
/s/ Luvleen Sidhu, by Louis Adimando, as attorney-in-fact
Stock symbol
BMTX
Transactions as of
Dec 5, 2024
Transactions value $
-$87,259
Form type
4
Date filed
12/27/2024, 04:42 PM
Previous filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTX Common Stock Options Exercise $0 +62.5K +8.92% $0.00 763K Dec 5, 2024 Direct F1
transaction BMTX Common Stock Tax liability -$84.3K -17.8K -2.34% $4.73 745K Dec 5, 2024 Direct F2
transaction BMTX Common Stock Options Exercise $0 +2.19K +0.29% $0.00 748K Dec 5, 2024 Direct F3
transaction BMTX Common Stock Tax liability -$2.95K -623 -0.08% $4.73 747K Dec 5, 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 -62.5K -100% $0.00 0 Dec 5, 2024 Common Stock 62.5K Direct F1, F4
transaction BMTX Restricted Stock Unit Options Exercise $0 -2.19K -100% $0.00 0 Dec 5, 2024 Common Stock 2.19K 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.