| Accession Number: | 0001774155-22-000140 |
| Date: | 2022-12-01 |
| Issuer: | BTRS HOLDINGS INC. (BTRS) |
| Original Submission Date: |
HERNING ANDREW J
C/O BTRS HOLDINGS INC.
1009 LENOX DRIVE, SUITE 101
LAWRENCEVILLE, NJ 08648
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| CLASS 1 COMMON STOCK | 2022-12-01 | M | 106,608 | a | $1.77 | 199,419 | direct | ||
| CLASS 1 COMMON STOCK | 2022-12-01 | M | 37,175 | a | $2.19 | 236,594 | direct | ||
| CLASS 1 COMMON STOCK | 2022-12-01 | M | 7,914 | a | $2.19 | 244,508 | direct | ||
| CLASS 1 COMMON STOCK | 2022-12-01 | S | 30,456 | d | $9.46 | 214,052 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY) | 1.77 | 2022-12-01 | deemed execution date | M | 106,608 (d) | 2025-12-15 | class 1 common stock 106,608 | $1.77 | 0 | direct | ||
| STOCK OPTION (RIGHT TO BUY) | 2.19 | 2022-12-01 | deemed execution date | M | 37,175 (d) | 2030-05-11 | class 1 common stock 37,175 | $2.19 | 27,107 | direct | ||
| STOCK OPTION (RIGHT TO BUY) | 2.19 | 2022-12-01 | deemed execution date | M | 7,914 (d) | 2030-05-11 | class 1 common stock 7,914 | $2.19 | 0 | direct |
| ID | footnote |
|---|---|
| f1 | the transaction reported represents the sale of shares by the reporting person to pay the exercise price and related fees in connection with the exercise of stock options as disclosed in table ii. |
| f2 | these stock options were granted december 16, 2015 and vested and became exercisable in eight semi-annual installments, subject to the reporting person's continuous service. |
| f3 | these stock options were granted may 12, 2020 and vested and became exercisable in eight semi-annual installments, subject to the reporting person's continuous service. |
| f4 | these stock options were granted may 12, 2020 and vested and became exercisable in four semi-annual installments, subject to the reporting person's continuous service. |
