Dean P. Freeman - 02 Feb 2024 Form 4 Insider Report for Benson Hill, Inc. (BHILQ)

Signature
/s/ Tana Murphy, Attorney-in-Fact
Issuer symbol
BHILQ
Transactions as of
02 Feb 2024
Net transactions value
-$4,423
Form type
4
Filing time
06 Feb 2024, 18:31:16 UTC
Previous filing
21 Mar 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Options Exercise +75,000 +42% 252,013 02 Feb 2024 Direct F1, F2, F3
transaction BHIL Common Stock Tax liability $4,423 -25,836 -10% $0.1712 226,177 02 Feb 2024 Direct F3

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 -75,000 -33% $0.000000 150,000 02 Feb 2024 Common Stock, $0.0001 par value per share 75,000 Direct F1, F2
holding BHIL Restricted Stock Units 82,748 02 Feb 2024 Common Stock, $0.0001 par value per share 82,748 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of the second of four tranches of restricted stock units granted on March 17, 2022 under the Issuer's 2021 Omnibus Incentive Plan. The remaining tranches will vest in substantially equal installments on February 2, 2025 and 2026.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 This amount corrects an error in the reporting person's Form 3 filed on March 28, 2022, in which the number of RSUs granted to the reporting person was under-reported by 10,000 RSUs.
F4 Granted on March 18, 2022 under the Issuer's 2021 Omnibus Incentive Plan. The restricted stock units vest in substantially equal annual installments over four years until fully vested on March 18, 2026.