Flint A. Lane - Mar 7, 2022 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Signature
/s/ Aimie Killeen, Attorney-in-Fact
Stock symbol
BTRS
Transactions as of
Mar 7, 2022
Transactions value $
$0
Form type
4
Date filed
3/9/2022, 03:46 PM
Previous filing
Dec 7, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Award $0 +424K +2.4% $0.00 18.1M Mar 7, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2020 Equity Incentive Plan as approved by the Compensation Committee of the Board of Directors. Each RSU represents a contingent right to receive one share of Issuer's Class 1 Common Stock. The RSU's are subject to a three-year vesting schedule, with 1/3rd of the RSU's vesting on each anniversary of the Vesting Commencement Date, or February 1, 2022, subject to the Reporting Person's Continuous Service (as defined in the 2020 Equity Incentive Plan) through each vesting date.