Thomas S. Murley - Jun 7, 2021 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role: Director
Signature: David J. Corrsin, attorney-in-fact
Stock symbol: AMRC
Transactions as of: Jun 7, 2021
Transactions value $: -$665,273
Form type: 4
Date filed: 6/9/2021, 05:04 PM
Previous filing: May 24, 2021
Next filing: Nov 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMRC	Class A Common Stock	Options Exercise	$13.6K	+2K	+19.05%	$6.80^*	12.5K	Jun 7, 2021	Direct
transaction	AMRC	Class A Common Stock	Options Exercise	$23.1K	+2K	+16%	$11.55^*	14.5K	Jun 7, 2021	Direct
transaction	AMRC	Class A Common Stock	Options Exercise	$30.7K	+2K	+13.79%	$15.37	16.5K	Jun 7, 2021	Direct
transaction	AMRC	Class A Common Stock	Options Exercise	$42.9K	+2K	+12.12%	$21.46	18.5K	Jun 7, 2021	Direct
transaction	AMRC	Class A Common Stock	Sale	-$453K	-8K	-43.24%	$56.63	10.5K	Jun 7, 2021	Direct	F1
transaction	AMRC	Class A Common Stock	Options Exercise	$30.6K	+6K	+57.14%	$5.10^*	16.5K	Jun 9, 2021	Direct
transaction	AMRC	Class A Common Stock	Sale	-$353K	-6K	-36.36%	$58.86	10.5K	Jun 9, 2021	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	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-2K	-50%	$0.00	2K	Jun 7, 2021	Class A Common Stock	2K	$6.80	Direct	F3
transaction	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-2K	-33.33%	$0.00	4K	Jun 7, 2021	Class A Common Stock	2K	$11.55	Direct	F4
transaction	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-2K	-25%	$0.00	6K	Jun 7, 2021	Class A Common Stock	2K	$15.37	Direct	F5
transaction	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-2K	-20%	$0.00	8K	Jun 7, 2021	Class A Common Stock	2K	$21.46	Direct	F6
transaction	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-6K	-30%	$0.00	14K	Jun 9, 2021	Class A Common Stock	6K	$5.10	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.50 to $56.92, inclusive. The reporting person undertakes to provide to Ameresco, Inc., any security holder of Ameresco, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) and in footnote (2) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $58.56 to $59.22, inclusive.
F3	Of the shares subject to the option, 20% vest on June 1, 2018, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.
F4	Of the shares subject to the option, 20% vest on May 24, 2019, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.
F5	Of the shares subject to the option, 20% vest on May 23, 2020, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.
F6	Of the shares subject to the option, 20% vest on May 29, 2021, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.
F7	Of the shares subject to the option, 20% vested on October 26, 2017, and the remainder vest in four equal installments on each of the subsequent four anniversaries of such date.