Luvleen Sidhu - Jan 4, 2021 Form 4/A - Amendment Insider Report for BM Technologies, Inc. (BMTX)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Luvleen Sidhu, by Alex Reilly pursuant to power of attorney filed on 4/26/2023
Stock symbol
BMTX
Transactions as of
Jan 4, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
4/26/2023, 06:20 PM
Date Of Original Report
Jan 9, 2023
Next filing
Jan 9, 2023

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 Performance Based Restricted Stock Unit Award $0 +83.3K $0.00 83.3K Sep 30, 2021 Common Stock 83.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed to report the grant of certain Performance-Based Restricted Stock Units (PBRSUs) that vest over a five-year performance period ending on January 4, 2026 based upon the Issuer achieving certain levels of market capitalization. These PBRSUs were inadvertently omitted from a Form 4 filed on January 9, 2023 because it was believed that they were not tied to the price of the Issuer's common stock and, therefore, not derivative securities. This amendment does not otherwise modify any transaction details that were previously reported on the Form 4.
F2 Constitutes a portion of an award of PBRSUs, each of which represents the right to receive one share of the Issuer's common stock.