David J. Corrsin - 08 Mar 2025 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role
EVP and General Counsel, Director
Signature
David J. Corrsin
Issuer symbol
AMRC
Transactions as of
08 Mar 2025
Net transactions value
-$215
Form type
4
Filing time
11 Mar 2025, 18:19:39 UTC
Previous filing
19 Sep 2024
Next filing
19 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRC Class A Common Stock Options Exercise $0 +50 +22% $0.000000 273 08 Mar 2025 By Spouse F1
transaction AMRC Class A Common Stock Sale $215 -21 -7.7% $10.22 252 10 Mar 2025 By Spouse F1, 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 Restricted Stock Unit Options Exercise $0 -50 -20% $0.000000 201 08 Mar 2025 Class A Common Stock 50 By spouse F1, F3, F4
transaction AMRC Restricted Stock Unit Award $0 +200 +100% $0.000000 401 10 Mar 2025 Class A Common Stock 200 By spouse F1, F3, F4, F5
transaction AMRC Stock Option (right to puchase) Award $0 +10,000 $0.000000 10,000 10 Mar 2025 Class A Common Stock 10,000 $10.34 By Spouse F1, F6
* 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 reporting person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.
F2 The shares were sold pursuant to an automatic sell-to-cover instruction signed March 8, 2023 in connection with the grant of RSUs solely to cover applicable withholding taxes in connection with the partial vesting of RSUs.
F3 Each RSU represents a contingent right to receive one share of Ameresco, Inc. Class A Common Stock ("Common Stock").
F4 Each RSU vests over two years with 25% vesting on each 6-month anniversary of the applicable grant date.
F5 Representing RSUs granted at various dates.
F6 Of the shares subject to the option, 20% vest on each of anniversary of the grant date of March 10, 2025 over a period of five years.