James F. Dullinger - 24 Mar 2023 Form 4/A - Amendment Insider Report for BM Technologies, Inc. (BMTX)

Role: Chief Financial Officer
Signature: /s/ James Donahue, by Alex Reilly pursuant to power of attorney filed on 4/26/2023
Issuer symbol: BMTX
Transactions as of: 24 Mar 2023
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 26 Apr 2023, 17:28:12 UTC
Date Of Original Report: 17 Apr 2023
Previous filing: 17 Mar 2023
Next filing: 16 May 2023
SEC: View on sec.gov

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	Award	$0	+30,000	+242%	$0.000000	42,400	24 Mar 2023	Common Stock	30,000		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This amendment is being filed to correct the vesting period of the restricted stock unit award from a Form 4 filed on April 17, 2023 due to a scrivener's error which incorrectly stated that the restricted stock unit award fully vested on March 31, 2026. This amendment does not otherwise modify any transaction details that were previously reported on the Form 4.
F2	One-fourth of the restricted stock unit award will vest in full as of each of the first, second, third and fourth anniversaries of the March 31, 2023 vesting commencement date, subject to the Reporting Person's continued employment with the Issuer, until fully vested on March 31, 2027. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.

Content

This amendment is being filed to correct the vesting period of the restricted stock unit award from a Form 4 filed on April 17, 2023 due to a scrivener's error which incorrectly stated that the restricted stock unit award fully vested on March 31, 2026. This amendment does not otherwise modify any transaction details that were previously reported on the Form 4.

One-fourth of the restricted stock unit award will vest in full as of each of the first, second, third and fourth anniversaries of the March 31, 2023 vesting commencement date, subject to the Reporting Person's continued employment with the Issuer, until fully vested on March 31, 2027. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.