George L. Duncan - 14 Mar 2023 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Signature
/s/ John P. Clancy, Jr. as attorney-in-fact for George L. Duncan
Issuer symbol
EBTC
Transactions as of
14 Mar 2023
Net transactions value
-$18,353
Form type
4
Filing time
16 Mar 2023, 15:23:30 UTC
Previous filing
30 Jan 2023
Next filing
23 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Options Exercise $65,720 +4,000 +1.1% $16.43 352,658 14 Mar 2023 Direct
transaction EBTC Common Stock Tax liability $84,073 -2,624 -0.74% $32.04 350,034 14 Mar 2023 Direct
holding EBTC Common Stock 49,000 14 Mar 2023 By Trust
holding EBTC Common Stock 18,445 14 Mar 2023 By Wife

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 -4,000 -100% 0 14 Mar 2023 Common Stock 4,000 $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