Richard W. Main - Mar 8, 2022 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Signature
/s/ John P. Clancy, Jr. as attorney-in-fact for Richard W. Main
Stock symbol
EBTC
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 02:59 PM
Previous filing
Jan 31, 2022
Next filing
Jul 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Gift $0 -2.5K -1.1% $0.00 225K Mar 8, 2022 Direct
transaction EBTC Common Stock Award $0 +1.92K +0.85% $0.00 227K Mar 15, 2022 Direct

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 +908 $0.00 908 Mar 15, 2022 Common Stock 908 $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.