Andrew J. Herning - 26 May 2021 Form 4 Insider Report for BTRS Holdings Inc.

Signature
/s/ Keith Omsberg Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
26 May 2021
Net transactions value
-$103,980
Form type
4
Filing time
28 May 2021, 15:18:12 UTC
Previous filing
19 May 2021
Next filing
19 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Options Exercise $8,850 +5,000 +12% $1.77* 45,402 26 May 2021 Direct
transaction BTRS Class 1 Common Stock Sale $69,500 -5,000 -11% $13.90 40,402 26 May 2021 Direct
transaction BTRS Class 1 Common Stock Options Exercise $6,195 +3,500 +8.7% $1.77* 43,902 28 May 2021 Direct
transaction BTRS Class 1 Common Stock Sale $49,525 -3,500 -8% $14.15 40,402 28 May 2021 Direct

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 BTRS Stock Option (right to buy) Options Exercise $0 -5,000 -3.8% $0.000000 125,108 26 May 2021 Class 1 Common Stock 5,000 $1.77 Direct F1
transaction BTRS Stock Option (right to buy) Options Exercise $0 -3,500 -2.8% $0.000000 121,608 28 May 2021 Class 1 Common Stock 3,500 $1.77 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class 1 common stock underlying this option vested and became first exercisable on June 16, 2016, and thereafter in semi-annual installments, subject to the Reporting Person's continuous service with the Issuer on each such date.