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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Keith Omsberg, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
13 Sep 2021
Net transactions value
+$1,013,746
Form type
4
Filing time
14 Sep 2021, 18:31:56 UTC
Previous filing
19 May 2021
Next filing
07 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 Purchase $756,201 +74,576 +0.43% $10.14 17,588,793 13 Sep 2021 Direct F1
transaction BTRS Class 1 Common Stock Purchase $257,545 +25,424 +0.14% $10.13 17,614,217 14 Sep 2021 Direct F2
holding BTRS Class 1 Common Stock 7,839,464 13 Sep 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.