Douglas Bauche - Nov 30, 2022 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
Chief Credit Officer
Signature
/s/ Douglas Bauche
Stock symbol
EFSC
Transactions as of
Nov 30, 2022
Transactions value $
$7,508
Form type
4
Date filed
12/7/2022, 02:46 PM
Previous filing
Jun 7, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Other $7.51K +193 +1.92% $38.90 10.3K Nov 30, 2022 Direct F1, F2
holding EFSC Common Stock 2.53K Nov 30, 2022 401(K) Plan 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
holding EFSC Non Qualified Stock Option (Right to Buy) 4.73K Nov 30, 2022 Common Stock 4.73K $43.81 Direct F4
holding EFSC Non Qualified Stock Option (Right to Buy) 5.08K Nov 30, 2022 Common Stock 5.08K $48.34 Direct F5
holding EFSC Restricted Share Units 557 Nov 30, 2022 Common Stock 557 Direct F6, F7
holding EFSC Restricted Share Units 897 Nov 30, 2022 Common Stock 897 Direct F6, F8
holding EFSC Restricted Share Units 898 Nov 30, 2022 Common Stock 898 Direct F6, F9
holding EFSC Restricted Share Units 9.98K Nov 30, 2022 Common Stock 9.98K Direct F6, F10
* 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 June 1, 2022 through November 30, 2022. 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 November 30, 2022.
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 This option becomes exercisable after a three year period on 2/25/24.
F5 This option becomes exercisable after a three year period on 2/24/25.
F6 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.
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 The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.
F10 The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.