James F. Dullinger - Mar 9, 2023 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Role
Chief Financial Officer
Signature
/s/ James Dullinger, by Nelson Mullins Riley & Scarborough with Power of Attorney
Stock symbol
BMTX
Transactions as of
Mar 9, 2023
Transactions value $
-$1,760
Form type
4
Date filed
3/17/2023, 04:31 PM
Previous filing
Jul 5, 2022
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTX Class A Common Stock Options Exercise $0 +1.6K $0.00 1.6K Mar 9, 2023 Direct F1
transaction BMTX Class A Common Stock Tax liability -$1.76K -545 -34.06% $3.23 1.06K Mar 9, 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 -1.6K -11.43% $0.00 12.4K Mar 9, 2023 Class A 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 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 March 9, 2023.
F3 The remaining unvested portion of this restricted stock unit award will vest every year on March 9 until fully vested on March 9, 2025. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class A common stock upon vesting of the unit.