Craig Rohr - 06 Oct 2022 Form 4 Insider Report for Benson Hill, Inc. (BHILQ)

Role
Director
Signature
/s/ Yevgeny Fundler, Attorney-in-Fact
Issuer symbol
BHILQ
Transactions as of
06 Oct 2022
Net transactions value
$0
Form type
4
Filing time
11 Oct 2022, 17:29:02 UTC
Previous filing
03 Oct 2022
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Other $0 +304,477 +1364% $0.000000 326,804 06 Oct 2022 Direct F1, F2, F3
transaction BHIL Common Stock Other $0 +78,728 +24% $0.000000 405,532 06 Oct 2022 Direct F4, F5
transaction BHIL Common Stock Other $0 +7,350 +1.8% $0.000000 412,882 06 Oct 2022 Direct F6

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 BHIL Warrants (right to buy) Other $0 +58,976 $0.000000 58,976 06 Oct 2022 Common Stock, $0.0001 par value per share 58,976 $11.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro rata distribution from Star Peak Allocation II LLC, of which the Reporting Person is a member.
F2 Includes 30,756 shares of restricted Common Stock which will vest if, at any time during the period commencing after September 29, 2021 (the "Closing Date") and ending on the third anniversary of the Closing Date (such period, the "Earn Out Period"), the dollar volume-weighted average closing price of the Issuer's Common Stock is greater than or equal to $14.00 (subject to adjustment) over any 20 trading days within any 30 consecutive trading day period ("$14 Earn Out Shares") and 30,756 shares of restricted Common Stock which will vest if, at any time during the Earn Out Period, the dollar volume-weighted average closing price of the Issuer's Common Stock is greater than or equal to $16.00 (subject to adjustment) over any 20 trading days within any 30 consecutive trading day period ("$16 Earn Out Shares" and, together with the $14 Earn Out Shares, the "Earn Out Shares").
F3 The Earn Out Shares will be forfeited if the vesting conditions applicable to such shares are not satisfied during the Earn Out Period.
F4 Pro rata distribution from Star Peak Sponsor II, LLC, of which the Reporting Person is an equityholder.
F5 Includes 7,953 $14 Earn Out Shares and 7,953 $16 Earn Out Shares. See footnote 3 above.
F6 Pro rata distribution from Astrum Partners LLC, Series XVI, of which the Reporting Person is an equityholder.