Spencer Doran Hole - Aug 12, 2024 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role: EVP and CFO
Signature: /s/ David J. Corrsin, Attornney-in-fact
Stock symbol: AMRC
Transactions as of: Aug 12, 2024
Transactions value $: -$61,450
Form type: 4
Date filed: 8/14/2024, 04:56 PM
Previous filing: Mar 19, 2024
Next filing: Sep 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMRC	Class A Common Stock	Options Exercise	$71.2K	+5K	+266.24%	$14.24	6.88K	Aug 12, 2024	Direct
transaction	AMRC	Class A Common Stock	Sale	-$133K	-5K	-72.7%	$26.53	1.88K	Aug 12, 2024	Direct	F1

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)	Options Exercise	$0	-5K	-13.16%	$0.00	33K	Aug 12, 2024	Class A Common Stock	5K	$14.24	Direct	F2

* 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 $26.53 to $26.57, 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	Of the shares subject to the option, 20% vested on each of anniversary of the grant date of July 29, 2019 over a period of five years.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.53 to $26.57, 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.

Of the shares subject to the option, 20% vested on each of anniversary of the grant date of July 29, 2019 over a period of five years.