James Brian Lally - 30 Jan 2023 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
CEO, Director
Signature
/s/James Brian Lally
Issuer symbol
EFSC
Transactions as of
30 Jan 2023
Net transactions value
-$247,596
Form type
4
Filing time
01 Feb 2023, 16:36:08 UTC
Previous filing
13 Jan 2023
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +1,982 +3% $0.000000 67,110 30 Jan 2023 Direct
transaction EFSC Common Stock Tax liability $38,813 -749 -1.1% $51.82 66,361 30 Jan 2023 Direct F1
transaction EFSC Common Stock Award $0 +10,425 +16% $0.000000 76,786 30 Jan 2023 Direct F2
transaction EFSC Common Stock Tax liability $208,783 -4,029 -5.2% $51.82 72,757 30 Jan 2023 Direct F1
holding EFSC Common Stock 17,203 30 Jan 2023 401 (K) Plan F3
holding EFSC Common Stock 4,107 30 Jan 2023 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
transaction EFSC Restricted Share Units Options Exercise $0 -1,982 -100% $0.000000* 0 30 Jan 2023 Common Stock 1,982 Direct F7, F11
holding EFSC Non Qualified Stock Option (Right to Buy) 17,637 30 Jan 2023 Common Stock 17,637 $43.81 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 20,325 30 Jan 2023 Common Stock 20,325 $48.34 Direct F6
holding EFSC Restricted Share Units 3,345 30 Jan 2023 Common Stock 3,345 Direct F7, F8
holding EFSC Restricted Share Units 3,592 30 Jan 2023 Common Stock 3,592 Direct F7, F9
holding EFSC Restricted Share Units 23,947 30 Jan 2023 Common Stock 23,947 Direct F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
F2 The shares of common stock were awarded pursuant to the Company's 2018 Stock Incentive Plan.
F3 These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time. The Reporting Person has 35,183 units in the 401(k) Plan, which units consisted of 17,203 shares of common stock.
F4 These shares are held jointly with spouse.
F5 This option becomes exercisable after a three year period on 2/25/24.
F6 This option becomes exercisable after a three year period on 2/24/25.
F7 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.
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.
F11 The RSU's vest 100% in the first quarter of 2023, subject to continued employment by the reporting person.