Stephen Bohanon - May 20, 2024 Form 4 Insider Report for ALKAMI TECHNOLOGY, INC. (ALKT)

Role
Chief Strategy & Product Offr.
Signature
/s/ Douglas A. Linebarger, as Attorney-in-Fact for Stephen Bohanon
Stock symbol
ALKT
Transactions as of
May 20, 2024
Transactions value $
-$338,711
Form type
4
Date filed
5/22/2024, 06:01 PM
Previous filing
May 17, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKT Common Stock Options Exercise $3.46K +1.04K +0.23% $3.32 451K May 20, 2024 Direct
transaction ALKT Common Stock Options Exercise $4.67K +1.41K +0.31% $3.32 452K May 20, 2024 Direct
transaction ALKT Common Stock Options Exercise $155K +10K +2.21% $15.46 462K May 20, 2024 Direct
transaction ALKT Common Stock Sale -$357K -12.5K -2.69% $28.66 450K May 20, 2024 Direct F1
transaction ALKT Common Stock Sale -$145K -5.05K -1.12% $28.63 444K May 21, 2024 Direct F2, F3
holding ALKT Common Stock 678K May 20, 2024 See footnote F4

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 ALKT Stock Option (Right to Buy) Options Exercise $0 -1.04K -100% $0.00* 0 May 20, 2024 Common Stock 1.04K $3.32 Direct F5
transaction ALKT Stock Option (Right to Buy) Options Exercise $0 -1.41K -100% $0.00* 0 May 20, 2024 Common Stock 1.41K $3.32 Direct F5
transaction ALKT Stock Option (Right to Buy) Options Exercise $0 -10K -8.5% $0.00 108K May 20, 2024 Common Stock 10K $15.46 Direct F5
* 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction of prices ranging from $28.56 to $28.80. The Reporting person undertakes to provide the Issuer, any securityholder of the Issuer, 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.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction of prices ranging from $28.37 to $29.00. The Reporting person undertakes to provide the Issuer, any securityholder of the Issuer, 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.
F4 Following the transactions reported herein, includes: 339,116 shares held of record by Botech Trust, of which the Reporting Person is trustee, and 339,116 shares held of record by KBCouture Trust, of which the Reporting Person's spouse is trustee.
F5 The shares subject to the option are fully vested and exercisable.