James Brian Lally - May 31, 2021 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
CEO, Director
Signature
/s/James Brian Lally
Stock symbol
EFSC
Transactions as of
May 31, 2021
Transactions value $
$21,257
Form type
4
Date filed
6/4/2021, 10:02 AM
Next filing
Jan 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Other $21.3K +725 +1.3% $29.32 56.3K May 31, 2021 Direct F1, F2
holding EFSC Common Stock 21.5K May 31, 2021 401 (K) Plan F3
holding EFSC Common Stock 9.27K May 31, 2021 Direct F4

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
holding EFSC Restricted Share Units 1.53K May 31, 2021 Common Stock 1.53K Direct F5, F6
holding EFSC Restricted Share Units 1.98K May 31, 2021 Common Stock 1.98K Direct F5, F7
holding EFSC Restricted Share Units 3.35K May 31, 2021 Common Stock 3.35K Direct F5, F8
holding EFSC Non Qualified Stock Option (Right to Buy) 17.6K May 31, 2021 Common Stock 17.6K $43.81 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2020 through May 31, 2021. This transaction is exempt under Section 16b-3(c).
F2 In accordance with the terms of the ESPP, the reported shares were acquired based on 85% of the closing price of the Issuer's common stock on December 1, 2020.
F3 The reporting person holds units in the stock fund and the number of shares reported as indirectly held in the 401 (k) plan in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and allocated to the reporting person's account.
F4 These shares are held jointly with spouse.
F5 The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
F6 The RSU's vest 100% in the first quarter of 2022, subject to continued employment by the reporting person.
F7 The RSU's vest 100% in the first quarter of 2023, subject to continued employment by the reporting person.
F8 The RSU's vest 100% in the first quarter of 2024, subject to continued employment by the reporting person.
F9 This option becomes exercisable after a three year period on 2/25/24.