Flint A. Lane - Mar 11, 2022 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Aimie Killeen, Attorney-in-Fact
Stock symbol
BTRS
Transactions as of
Mar 11, 2022
Transactions value $
$88,546
Form type
4
Date filed
3/15/2022, 07:29 PM
Previous filing
Mar 9, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Options Exercise $88.5K +181K +1% $0.49* 18.3M Mar 11, 2022 Direct
holding BTRS Class 1 Common Stock 7.84M Mar 11, 2022 By GRAT F1

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 -181K -100% $0.00* 0 Mar 11, 2022 Class 1 Common Stock 181K $0.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The shares of Class 1 common stock underlying these options were immediately vested on May 1, 2013 and became exercisable, subject to the Reporting Person's continuous service.