Filing Details

Accession Number:
0000899243-21-027948
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-08 21:30:32
Reporting Period:
2021-07-06
Accepted Time:
2021-07-08 21:30:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1774155 Btrs Holdings Inc. BTRS () E9
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1596118 L.p. (Parallel-B) Ii Partners Capital Riverwood 70 Willow Road
Suite 100
Menlo Park CA 94025-3652
No No Yes No
1596154 L.p. Ii Partners Capital Riverwood 70 Willow Road, Suite 100
Menlo Park CA 94025-3652
No No Yes No
1841902 Ltd. Ii Gp Capital Riverwood 70 Willow Road
Suite 100
Menlo Park CA 94025-3652
No No Yes No
1841905 L.p. Ii Capital Riverwood 70 Willow Road
Suite 100
Menlo Park CA 94025-3652
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class 1 Common Stock Disposition 2021-07-06 2,474,539 $11.73 14,245,740 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. Consists of (i) 513,209 shares of the Issuer's Class 1 Common Stock, par value $0.0001 per share (the "Common Stock") sold by Riverwood Capital Partners II (Parallel-B) L.P. ("Parallel B") and (ii) 1,961,330 shares of Common Stock sold by Riverwood Capital Partners II L.P. ("Partners II" and together with Parallel-B, "Riverwood Capital."
  2. Pursuant to an Underwriting Agreement, dated June 30, 2021, entered into between the Issuer and the underwriters and selling securityholders named therein, this amount represents the $11.72937 sale price per share of Common Stock received by Riverwood Capital in connection with a registered offering that closed on July 6, 2021.
  3. Consists of (i) 2,954,508 shares of Common Stock held by Parallel-B and (ii) 11,291,232 shares of Common Stock held by Partners II. Riverwood Capital II L.P. is the general partner of Riverwood Capital. The general partner of Riverwood Capital II L.P. is Riverwood Capital GP II Ltd. Riverwood Capital II L.P. and Riverwood Capital GP II Ltd. may be deemed to have shared voting and dispositive power over, and be deemed to be indirect beneficial owners of, shares directly held by Riverwood Capital. All investment decisions with respect to the shares held by Riverwood Capital are made by a majority vote of a four-member investment committee. All voting decisions over the shares held by Riverwood Capital are made by a majority vote of Riverwood Capital GP II Ltd.'s eleven shareholders.