Aimie Marie Killeen - 16 Dec 2022 Form 4 Insider Report for BTRS Holdings Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Dec 2022, 17:50:43 UTC
Prior SEC filing
13 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Aimie Marie Killeen
Filing notes and source

Key filing fact

Aimie Marie Killeen filed Form 4 for BTRS Holdings Inc. on 20 Dec 2022.

Key facts

  • This page summarizes Aimie Marie Killeen's Form 4 filing for BTRS Holdings Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Dec 2022, 17:50.

Change

  • Previous filing in this sequence was filed on 13 Dec 2022.
  • Current net transaction value: -$2,097,562.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BTRS transaction

Class 1 Common Stock

Disposed to Issuer

Transaction value
$2,097,562
Shares
-220,796
Change %
-100%
Price
$9.50
Shares after
0
Date
16 Dec 2022
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Aimie Marie Killeen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On December 16, 2022, Bullseye Finco, Inc. (the "Buyer"), acquired the Issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the Issuer, Buyer, and Bullseye Merger Sub, Inc., a direct, wholly owned subsidiary of Buyer ("Merger Sub"), dated as of September 28, 2022 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Buyer (the "Merger").

Footnote F2

At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each issued and outstanding share of the Issuer's common stock (other than certain excluded shares) automatically converted into the right to receive $9.50 in cash (the "Merger Consideration"). In addition, at the Effective Time, pursuant to the Merger Agreement, each Restricted Stock Unit ("RSU") (other than certain excluded RSUs) whether or not vested, outstanding immediately prior to the Effective Time was accelerated (if unvested) and was cancelled and converted into the right to receive an amount in cash, without interest, and subject to any applicable withholding taxes, equal to the product of (i) the total number of shares of Issuer common stock subject to the RSU multiplied by (ii) the Merger Consideration.

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