James M. Donahue - 04 Jan 2021 Form 4/A - Amendment Insider Report for BM Technologies, Inc. (BMTX)

Signature
/s/ James Donahue, by Alex Reilly pursuant to power of attorney filed on 4/26/2023
Issuer symbol
BMTX
Transactions as of
04 Jan 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
26 Apr 2023, 19:00:06 UTC
Date Of Original Report
09 Jan 2023
Next filing
10 Jan 2023

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 Performance Based Restricted Stock Unit Award $0 +13,333 $0.000000 13,333 30 Sep 2021 Common Stock 13,333 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 report the grant of certain Performance-Based Restricted Stock Units (PBRSUs) that vest over a five-year performance period ending on January 4, 2026 based upon the Issuer achieving certain levels of market capitalization. These PBRSUs were inadvertently omitted from a Form 4 filed on January 9, 2023 because it was believed that they were not tied to the price of the Issuer's common stock and, therefore, not derivative securities. This amendment does not otherwise modify any transaction details that were previously reported on the Form 4.
F2 Constitutes a portion of an award of PBRSUs, each of which represents the right to receive one share of the Issuer's common stock.