GEORGE L. DUNCAN - 15 Mar 2022 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Role
Chairman, Director
Signature
/s/ John P. Clancy, Jr. as attorney-in-fact for George L. Duncan
Issuer symbol
EBTC
Transactions as of
15 Mar 2022
Transactions value $
$0
Form type
4
Filing time
17 Mar 2022, 11:50:11 UTC
Next filing
25 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Award $0 +3.59K +1.02% $0.00 354K 15 Mar 2022 Direct
holding EBTC Common Stock 49K 15 Mar 2022 By Trust
holding EBTC Common Stock 18.4K 15 Mar 2022 By Wife

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 EBTC Stock Option (Right to Buy) Award $0 +1.7K $0.00 1.7K 15 Mar 2022 Common Stock 1.7K $38.58 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest 50% on the second anniversary date of the grant and 50% on the fourth anniversary date of the grant. The first installment vests on March 15, 2024.