Bruce Tyler Bennett - 29 Sep 2023 Form 4 Insider Report for Benson Hill, Inc. (BHILQ)

Reporting relationship: President, Ingredients
Issuer ticker: BHILQ
Reported as of: 29 Sep 2023
Net transaction value: -$1,530
SEC form: 4
Accepted by SEC: 03 Oct 2023, 14:52:52 UTC
Prior SEC filing: 23 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Tana Murphy, Attorney-in-Fact

Key filing fact

Bruce Tyler Bennett filed Form 4 for Benson Hill, Inc. (BHILQ) on 03 Oct 2023.

Key facts

This page summarizes Bruce Tyler Bennett's Form 4 filing for Benson Hill, Inc. (BHILQ).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Oct 2023, 14:52.

Change

Previous filing in this sequence was filed on 23 Mar 2023.
Current net transaction value: -$1,530.

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.

BHIL transaction

Common Stock

Options Exercise

Transaction value
Shares: +15,750
Change %: +57%
Price
Shares after: 43,316
Date: 29 Sep 2023
Ownership: Direct
Footnotes: F1, F2

BHIL transaction

Common Stock

Sale

Transaction value: $1,530
Shares: -4,615
Change %: -11%
Price: $0.3315
Shares after: 38,701
Date: 29 Sep 2023
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BHIL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -15,750
Change %: -33%
Price: $0.000000
Shares after: 31,500
Date: 29 Sep 2023
Ownership: Direct
Underlying class: Common Stock, $0.0001 par value per share
Underlying amount: 15,750
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Represents vesting of the second of four tranches of restricted stock units granted on September 29, 2021 under the Issuer's 2021 Omnibus Incentive Plan. The remaining tranches will vest in equal installments on September 29, 2024 and 2025, respectively.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F3

Represents shares automatically sold pursuant to an irrevocable sell-to-cover instruction, dated as of December 7, 2022, intended to satisfy the provisions of Rule 10b5-1. The shares were sold to satisfy tax withholding obligations in connection with the vesting of 15,750 restricted stock units on September 29, 2023.