Robert Farrell - Oct 3, 2022 Form 4 Insider Report for BTRS Holdings Inc. (BTRS)

Role: Director
Signature: /s/ Aimie Killeen, Attorney-in-Fact
Stock symbol: BTRS
Transactions as of: Oct 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/5/2022, 07:11 AM
Previous filing: Jul 5, 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	Award	$0	+4.05K	+7.8%	$0.00	55.9K	Oct 3, 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 pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class 1 Common Stock. In accordance with the Non-Employee Director Compensation Policy, the RSUs became fully vested on the date of grant and the Reporting Person received one share of Class 1 Common Stock for each vested RSU.

Content

The Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2020 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class 1 Common Stock. In accordance with the Non-Employee Director Compensation Policy, the RSUs became fully vested on the date of grant and the Reporting Person received one share of Class 1 Common Stock for each vested RSU.