Steven Pinado - 28 Sep 2022 Form 4 Insider Report for BTRS Holdings Inc.

Role
President
Signature
/s/ Aimie Killeen, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
28 Sep 2022
Net transactions value
-$1,009,959
Form type
4
Filing time
30 Sep 2022, 09:10:41 UTC
Previous filing
18 May 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTRS Class 1 Common Stock Options Exercise $303,694 +141,253 +28% $2.15* 649,403 28 Sep 2022 Direct F1
transaction BTRS Class 1 Common Stock Sale $1,313,653 -141,253 -22% $9.30 508,150 28 Sep 2022 Direct 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 -141,253 -8.3% $0.000000 1,553,774 28 Sep 2022 Class 1 Common Stock 141,253 $2.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class 1 common stock underlying these options vested in eight semi-annual installments beginning September 8, 2018. The exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2021.