George L. Duncan - Mar 14, 2023 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
Stock symbol: EBTC
Transactions as of: Mar 14, 2023
Transactions value $: -$18,353
Form type: 4
Date filed: 3/16/2023, 03:23 PM
Previous filing: Jan 30, 2023
Next filing: Mar 23, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EBTC	Common Stock	Options Exercise	$65.7K	+4K	+1.15%	$16.43	353K	Mar 14, 2023	Direct
transaction	EBTC	Common Stock	Tax liability	-$84.1K	-2.62K	-0.74%	$32.04	350K	Mar 14, 2023	Direct
holding	EBTC	Common Stock						49K	Mar 14, 2023	By Trust
holding	EBTC	Common Stock						18.4K	Mar 14, 2023	By Wife

Showing 1 to 4 of 4 entries

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	Option (Right to Buy)	Options Exercise		-4K	-100%		0	Mar 14, 2023	Common Stock	4K	$16.43	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exercise of an option