Troy Dumlao - Feb 24, 2023 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
SVP, Chief Accounting Officer
Signature
/s/ Troy Dumlao
Stock symbol
EFSC
Transactions as of
Feb 24, 2023
Transactions value $
-$17,002
Form type
4
Date filed
2/28/2023, 02:30 PM
Previous filing
Dec 7, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +245 +6.25% $0.00 4.17K Feb 24, 2023 Direct
transaction EFSC Common Stock Tax liability -$4.7K -86 -2.06% $54.67 4.08K Feb 24, 2023 Direct F1
transaction EFSC Common Stock Tax liability -$6.34K -116 -2.63% $54.67 4.29K Feb 25, 2023 Direct F1
transaction EFSC Common Stock Options Exercise $0 +330 +8.09% $0.00 4.41K Feb 25, 2023 Direct
transaction EFSC Common Stock Tax liability -$5.96K -109 -2.34% $54.67 4.55K Feb 26, 2023 Direct F1
transaction EFSC Common Stock Options Exercise $0 +368 +8.57% $0.00 4.66K Feb 26, 2023 Direct
holding EFSC Depository Shares 400 Feb 24, 2023 Direct F2

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 -245 -33.42% $0.00 488 Feb 24, 2023 Common Stock 245 Direct F5, F6
transaction EFSC Restricted Share Units Options Exercise $0 -330 -50.08% $0.00 329 Feb 25, 2023 Common Stock 330 Direct F5, F7
transaction EFSC Restricted Share Units Options Exercise $0 -368 -100% $0.00* 0 Feb 26, 2023 Common Stock 368 Direct F5, F8
holding EFSC Non Qualified Stock Option (Right to Buy) 1.06K Feb 24, 2023 Common Stock 1.06K $43.81 Direct F3
holding EFSC Non Qualified Stock Option (Right to Buy) 1.27K Feb 24, 2023 Common Stock 1.27K $48.34 Direct F4
* 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 1. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.00% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Depositary Shares were purchased in an underwritten public offering.
F3 The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024
F4 The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
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 RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
F7 The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
F8 The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 26, 2023. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.