Peter Christakis - Sep 17, 2024 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role
Executive Vice President
Signature
/s/ David J. Corrsin, attorney-in-fact
Stock symbol
AMRC
Transactions as of
Sep 17, 2024
Transactions value $
-$3,915
Form type
4
Date filed
9/19/2024, 05:58 PM
Previous filing
Mar 19, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRC Class A Common Stock Options Exercise $0 +295 +2.59% $0.00 11.7K Sep 17, 2024 Direct
transaction AMRC Class A Common Stock Sale -$3.91K -104 -0.89% $37.64 11.6K Sep 19, 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 Restricted Stock Unit Options Exercise $0 -295 -50% $0.00 295 Sep 17, 2024 Class A Common Stock 295 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to an automatic sell-to-cover instruction signed March 7, 2023 in connection with the grant of the RSUs solely to cover applicable withholding taxes in connection with the partial vesting of the RSUs.
F2 Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock").
F3 The RSUs, representing a contingent right to receive a total of 1,180 shares of Common Stock, were granted to the Reporting Person on March 17, 2023 and vest over two years with 25% vesting on each 6-month anniversary of the grant date.