Dean P. Freeman - Feb 2, 2023 Form 4 Insider Report for Benson Hill, Inc. (BHIL)

Role
Chief Financial Officer
Signature
/s/ Yevgeny Fundler, Attorney-in-Fact
Stock symbol
BHIL
Transactions as of
Feb 2, 2023
Transactions value $
-$68,186
Form type
4
Date filed
2/6/2023, 04:25 PM
Previous filing
Dec 13, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Options Exercise +75K +68.66% 184K Feb 2, 2023 Direct F1, F2
transaction BHIL Common Stock Sale -$68.2K -26.7K -14.49% $2.55 158K Feb 6, 2023 Direct F3, F4, F5

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 Restricted Stock Units Options Exercise $0 -75K -25% $0.00 225K Feb 2, 2023 Common Stock, $0.0001 par value per share 75K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of the first of four tranches of restricted stock units granted on March 17, 2022. The remaining tranches will vest in substantially equal installments on February 2, 2024, 2025 and 2026.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents shares automatically sold pursuant to an irrevocable sell-to-cover instruction intended to satsify the provisions of Rule 10b5-1. The shares were sold to satisfy tax withholding obligations in connection with the vesting of 75,000 restricted stock units on on February 2, 2023.
F4 The reporting person's sale of the Issuer's common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with the reporting person's purchase of shares of the Issuer's common stock on December 12, 2022. The reporting person has agreed to pay the Issuer, upon confirmation of settlement of the sale, the full amount of the profit realized in connection with the transaction.
F5 This transaction was executed in multiple trades ranging from $2.50 to $2.585. The price reported above reflects the average weighted sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.