Jennifer L. Miller - 03 Feb 2025 Form 4 Insider Report for Ameresco, Inc. (AMRC)

Role
Director
Signature
/s/ David J. Corrsin, attorney-in-fact
Issuer symbol
AMRC
Transactions as of
03 Feb 2025
Net transactions value
-$608,529
Form type
4
Filing time
04 Feb 2025, 16:22:29 UTC
Previous filing
17 Jun 2024
Next filing
06 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRC Class A Common Stock Options Exercise $234,000 +40,000 +232% $5.85 57,225 03 Feb 2025 Direct
transaction AMRC Class A Common Stock Sale $459,510 -22,060 -39% $20.83 35,165 03 Feb 2025 Direct F1, F2
transaction AMRC Class A Common Stock Sale $383,019 -17,940 -51% $21.35 17,225 03 Feb 2025 Direct F1, F3

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 AMRC Stock Option (right to purchase) Options Exercise $0 -40,000 -100% $0.000000 0 03 Feb 2025 Class A Common Stock 40,000 $5.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.53 to $21.00 , inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.01 to $21.74 , inclusive. The reporting person undertakes to provide to Ameresco, Inc., any security holder of Ameresco, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnotes 2 and 3 to this Form 4.
F4 Of the shares subject to the option, 20% vested on February 12, 2016, and the remainder vested in four equal installments on each of the subsequent four anniversaries of such date.