Dean P. Freeman - Feb 2, 2024 Form 4 Insider Report for Benson Hill, Inc. (BHIL)

Signature
/s/ Tana Murphy, Attorney-in-Fact
Stock symbol
BHIL
Transactions as of
Feb 2, 2024
Transactions value $
-$4,423
Form type
4
Date filed
2/6/2024, 06:31 PM
Previous filing
Mar 21, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Options Exercise +75K +42.37% 252K Feb 2, 2024 Direct F1, F2, F3
transaction BHIL Common Stock Tax liability -$4.42K -25.8K -10.25% $0.17 226K Feb 2, 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 -75K -33.33% $0.00 150K Feb 2, 2024 Common Stock, $0.0001 par value per share 75K Direct F1, F2
holding BHIL Restricted Stock Units 82.7K Feb 2, 2024 Common Stock, $0.0001 par value per share 82.7K 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.