Key facts
- This page summarizes Riverwood Capital Partners II L.P.'s Form 4 filing for BTRS Holdings Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 08 Jul 2021, 21:30.
Riverwood Capital Partners II L.P. - 06 Jul 2021 Form 4 Insider Report for BTRS Holdings Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 06 Jul 2021
- Net transaction value
- -$29,024,858
- Reporting owner signature
- /s/ Thomas Smach, Director, Riverwood Capital GP II Ltd
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Riverwood Capital Partners II L.P. filed Form 4 for BTRS Holdings Inc. on 08 Jul 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$29,024,858.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BTRS
transaction
Class 1 Common Stock
Sale
- Transaction value
- $29,024,858
- Shares
- -2,474,539
- Change %
- -15%
- Price
- $11.73
- Shares after
- 14,245,740
- Date
- 06 Jul 2021
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Riverwood Capital Partners II L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Consists of (i) 513,209 shares of the Issuer's Class 1 Common Stock, par value $0.0001 per share (the "Common Stock") sold by Riverwood Capital Partners II (Parallel-B) L.P. ("Parallel B") and (ii) 1,961,330 shares of Common Stock sold by Riverwood Capital Partners II L.P. ("Partners II" and together with Parallel-B, "Riverwood Capital."
Footnote F2
Pursuant to an Underwriting Agreement, dated June 30, 2021, entered into between the Issuer and the underwriters and selling securityholders named therein, this amount represents the $11.72937 sale price per share of Common Stock received by Riverwood Capital in connection with a registered offering that closed on July 6, 2021.
Footnote F3
Consists of (i) 2,954,508 shares of Common Stock held by Parallel-B and (ii) 11,291,232 shares of Common Stock held by Partners II. Riverwood Capital II L.P. is the general partner of Riverwood Capital. The general partner of Riverwood Capital II L.P. is Riverwood Capital GP II Ltd. Riverwood Capital II L.P. and Riverwood Capital GP II Ltd. may be deemed to have shared voting and dispositive power over, and be deemed to be indirect beneficial owners of, shares directly held by Riverwood Capital. All investment decisions with respect to the shares held by Riverwood Capital are made by a majority vote of a four-member investment committee. All voting decisions over the shares held by Riverwood Capital are made by a majority vote of Riverwood Capital GP II Ltd.'s eleven shareholders.
SEC remarks
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.