Francis V. Wisneski Jr - Aug 28, 2023 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role: Director
Signature: /s/ David J. Corrsin, attorney-in-fact
Stock symbol: AMRC
Transactions as of: Aug 28, 2023
Transactions value $: -$161,830
Form type: 4
Date filed: 8/30/2023, 05:29 PM
Previous filing: Aug 15, 2023
Next filing: Sep 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMRC	Class A Common Stock	Options Exercise	$23.1K	+2K	+17.9%	$11.55^*	13.2K	Aug 28, 2023	Direct
transaction	AMRC	Class A Common Stock	Sale	-$86.1K	-2K	-15.18%	$43.07	11.2K	Aug 28, 2023	Direct	F1
transaction	AMRC	Class A Common Stock	Options Exercise	$34.7K	+3K	+26.84%	$11.55^*	14.2K	Aug 29, 2023	Direct
transaction	AMRC	Class A Common Stock	Sale	-$133K	-3K	-21.16%	$44.48	11.2K	Aug 29, 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	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-2K	-20%	$0.00	8K	Aug 28, 2023	Class A Common Stock	2K	$11.55	Direct	F3
transaction	AMRC	Stock Option (right to purchase)	Options Exercise	$0	-3K	-37.5%	$0.00	5K	Aug 29, 2023	Class A Common Stock	3K	$11.55	Direct	F3

* 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 $43.06 to $43.11, 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) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.46 to $44.54, 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 (2) to this Form 4.
F3	Of the shares subject to the option, 20% vested on May 24, 2019, and the remainder vested in four equal installments on each of the subsequent four anniversaries of such date.