Dean P. Freeman - 16 Mar 2024 Form 4 Insider Report for Benson Hill, Inc. (BHILQ)

Role
Chief Financial Officer
Signature
/s/ Tana Murphy, Attorney-in-Fact
Issuer symbol
BHILQ
Transactions as of
16 Mar 2024
Net transactions value
-$7,557
Form type
4
Filing time
19 Mar 2024, 16:20:32 UTC
Previous filing
06 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Options Exercise +70,606 +31% 296,829 16 Mar 2024 Direct F1, F2, F3
transaction BHIL Common Stock Tax liability $5,230 -24,326 -8.2% $0.2150 272,503 16 Mar 2024 Direct
transaction BHIL Common Stock Options Exercise +27,583 +10% 300,086 18 Mar 2024 Direct F2, F4
transaction BHIL Common Stock Tax liability $2,327 -9,502 -3.2% $0.2449 290,584 18 Mar 2024 Direct

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 -70,606 -33% $0.000000 141,214 16 Mar 2024 Common Stock, $0.0001 par value per share 70,606 Direct F1, F2
transaction BHIL Restricted Stock Units Options Exercise $0 -27,583 -33% $0.000000 55,165 18 Mar 2024 Common Stock, $0.0001 par value per share 27,583 Direct F2, 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 first of three tranches of restricted stock units granted on March 9, 2023 under the Issuer's 2021 Omnibus Incentive Plan. The remaining tranches will vest in substantially equal installments on March 16, 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 a clerical error in the reporting person's Form 4 filed on February 6, 2023 in which the number of shares sold by the reporting person was under-reported by 46 shares. Notwithstanding the clerical error, the reporting person paid the Issuer the full amount of the profit realized in connection with the sale.
F4 Represents vesting of the second of four tranches of restricted stock units granted on March 18, 2022 under the Issuer's 2021 Omnibus Incentive Plan. The remaining tranches will vest in substantially equal installments on March 18, 2025 and 2026.