George P. Sakellaris - Nov 9, 2023 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ David J. Corrsin, attorney-in-fact
Stock symbol: AMRC
Transactions as of: Nov 9, 2023
Transactions value $: $902,656
Form type: 4
Date filed: 11/13/2023, 05:10 PM
Previous filing: Sep 19, 2023
Next filing: Nov 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMRC	Class A Common Stock	Purchase	$452K	+20K	+2.58%	$22.59	794K	Nov 9, 2023	Direct	F1, F2
transaction	AMRC	Class A Common Stock	Purchase	$90.6K	+4.1K	+0.52%	$22.11	798K	Nov 10, 2023	Direct	F3
transaction	AMRC	Class A Common Stock	Purchase	$20.3K	+902	+0.11%	$22.56	799K	Nov 10, 2023	Direct	F4
transaction	AMRC	Class A Common Stock	Purchase	$340K	+15K	+1.88%	$22.66	814K	Nov 13, 2023	Direct	F5
holding	AMRC	Class A Common Stock						200K	Nov 9, 2023	By spouse
holding	AMRC	Class A Common Stock						1.08M	Nov 9, 2023	By trust	F6

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

Explanation of Responses:

Id	Content
F1	The reporting person's purchase of Ameresco Class A common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,072 shares, with the reporting person's sale of 1,072 shares of Ameresco Class A common stock at a price of $43.51 per share on September 17, 2023 pursuant to an automatic sell-to-cover instruction solely to cover applicable withholding taxes in connection with the vesting of the reporting person's RSUs granted on March 17, 2023. The reporting person has agreed to pay to Ameresco, upon settlement of the sale, $22,378.01 representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.13 to $23.04, inclusive.
F3	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.49 to $22.44, inclusive.
F4	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.45 to $22.70, inclusive.
F5	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.15 to $23.00, 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 purchased at each separate price within the range set forth in footnotes (2) to (5) to this Form 4.
F6	Shares held by a trust for the benefit of the reporting person's children, who share the reporting person's household. The reporting person may be deemed the beneficial owner of the shares held by the trust. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose.