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

Role
Chief Financial Officer
Signature
/s/ Tana Murphy, Attorney-in-Fact
Stock symbol
BHIL
Transactions as of
Mar 16, 2024
Transactions value $
-$7,557
Form type
4
Date filed
3/19/2024, 04:20 PM
Previous filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHIL Common Stock Options Exercise +70.6K +31.21% 297K Mar 16, 2024 Direct F1, F2, F3
transaction BHIL Common Stock Tax liability -$5.23K -24.3K -8.2% $0.22 273K Mar 16, 2024 Direct
transaction BHIL Common Stock Options Exercise +27.6K +10.12% 300K Mar 18, 2024 Direct F2, F4
transaction BHIL Common Stock Tax liability -$2.33K -9.5K -3.17% $0.24 291K Mar 18, 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 -70.6K -33.33% $0.00 141K Mar 16, 2024 Common Stock, $0.0001 par value per share 70.6K Direct F1, F2
transaction BHIL Restricted Stock Units Options Exercise $0 -27.6K -33.33% $0.00 55.2K Mar 18, 2024 Common Stock, $0.0001 par value per share 27.6K 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.