Flint A. Lane - Sep 13, 2021 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Keith Omsberg, Attorney-in-Fact
Stock symbol
BTRS
Transactions as of
Sep 13, 2021
Transactions value $
$1,013,746
Form type
4
Date filed
9/14/2021, 06:31 PM
Previous filing
May 19, 2021
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Purchase $756K +74.6K +0.43% $10.14 17.6M Sep 13, 2021 Direct F1
transaction BTRS Class 1 Common Stock Purchase $258K +25.4K +0.14% $10.13 17.6M Sep 14, 2021 Direct F2
holding BTRS Class 1 Common Stock 7.84M Sep 13, 2021 By GRAT F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.03 to $10.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.97 to $10.21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4.
F3 These Shares are held by the Flint Lane 2009 Grantor Retained Annuity Trust (the "GRAT") for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the GRAT. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.