James F. Dullinger - 09 Mar 2024 Form 4 Insider Report for BM Technologies, Inc. (BMTX)

Role: Chief Financial Officer
Signature: /s/ James F. Dullinger, by Louis Adimando, as attorney-in-fact
Issuer symbol: BMTX
Transactions as of: 09 Mar 2024
Net transactions value: -$814
Form type: 4
Filing time: 12 Mar 2024, 16:03:00 UTC
Previous filing: 13 Feb 2024
Next filing: 02 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BMTX	Common Stock	Options Exercise	$0	+1,600	+42%	$0.000000	5,366	09 Mar 2024	Direct	F1
transaction	BMTX	Common Stock	Tax liability	$814	-445	-8.3%	$1.83	4,921	09 Mar 2024	Direct	F2

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	BMTX	Restricted Stock Unit	Options Exercise	$0	-1,600	-50%	$0.000000	1,600	09 Mar 2024	Common Stock	1,600		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents vested shares of restricted stock units granted on March 9, 2022. Restricted stock units convert into common stock on a one-for-one basis.
F2	Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and delivery of restricted stock units on March 9, 2024.
F3	The remaining unvested portion of this restricted stock unit award will vest on March 9, 2025, subject to the reporting person's continued employment with the Issuer. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.