Charles B. Bernicker - 06 Jul 2021 Form 4 Insider Report for BTRS Holdings Inc.

Role
Director
Signature
/s/ Keith Omsberg, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Jul 2021
Net transactions value
-$6,451,170
Form type
4
Filing time
06 Jul 2021, 17:19:20 UTC
Next filing
15 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Sale $6,451,170 -550,000 -59% $11.73 374,522 06 Jul 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to an Underwriting Agreement, dated June 30, 2021, entered into between the Issuer and the Underwriters and Selling Securityholders named therein, this amount represents the $11.72937 sale price per share of the Common Stock of the Issuer received by the Reporting Person in connection with a registered secondary block trade which closed on July 6, 2021.
F2 The amount shown in Column 5 of Table I (in addition to the transaction described herein) reflects a pro rata distribution, for no consideration, of Issuer Common Stock from a limited liability company of which the Reporting Person is a member that was made in accordance with Rule 16a-9 of the Securities Exchange Act of 1934 since the Reporting Person's prior report.