Spencer Doran Hole - Mar 4, 2022 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role
EVP and CFO
Signature
/s/ David J. Corrsin, attorney-in-fact
Stock symbol
AMRC
Transactions as of
Mar 4, 2022
Transactions value $
-$993,750
Form type
4
Date filed
3/8/2022, 04:47 PM
Previous filing
Aug 11, 2021
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRC Class A Common Stock Options Exercise $214K +16K $13.37 16K Mar 8, 2022 Direct
transaction AMRC Class A Common Stock Sale -$992K -13.2K -82.28% $75.35 2.84K Mar 8, 2022 Direct F1
transaction AMRC Class A Common Stock Sale -$216K -2.84K -100% $76.08 0 Mar 8, 2022 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 puchase) Award $0 +36K $0.00 36K Mar 4, 2022 Class A Common Stock 36K $13.37 Direct F3
transaction AMRC Stock Option (right to puchase) Options Exercise $0 -16K -44.44% $0.00 20K Mar 8, 2022 Class A Common Stock 16K $13.37 Direct
* 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 $74.97 to $75.92, inclusive.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.98 to $76.26, 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 footnotes (1) and (2) to this Form 4.
F3 On August 6, 2019, the reporting person was granted an option to purchase 40,000 shares of Class A common stock. The option vested based on continued service to Ameresco, Inc. and performance relative to goals established for the three-year performance period from January 1, 2019 to December 31, 2021. Based on the level of achievement of these goals, as determined by Ameresco, Inc.'s Compensation Committee, this option vested as to 36,000 shares.