Douglas Bauche - Feb 6, 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
SEVP, Chief Credit Officer
Signature
/s/ Douglas Bauche
Stock symbol
EFSC
Transactions as of
Feb 6, 2024
Transactions value $
-$119,232
Form type
4
Date filed
2/8/2024, 03:03 PM
Previous filing
Jan 19, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +897 +6.91% $0.00 13.9K Feb 6, 2024 Direct
transaction EFSC Common Stock Tax liability -$16.5K -417 -3% $39.52 13.5K Feb 6, 2024 Direct F2
transaction EFSC Common Stock Award $0 +3.59K +26.65% $0.00 17.1K Feb 6, 2024 Direct F3
transaction EFSC Common Stock Tax liability -$58.2K -1.47K -8.64% $39.52 15.6K Feb 6, 2024 Direct F2
transaction EFSC Common Stock Award $0 +2.48K +15.89% $0.00 18.1K Feb 6, 2024 Direct F3
transaction EFSC Common Stock Tax liability -$44.5K -1.13K -6.24% $39.52 16.9K Feb 6, 2024 Direct F2
holding EFSC Common Stock 2.85K Feb 6, 2024 401(K) Plan F1

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 -897 -100% $0.00* 0 Feb 6, 2024 Common Stock 897 Direct F4, F5
holding EFSC Non Qualified Stock Option (Right to Buy) 4.73K Feb 6, 2024 Common Stock 4.73K $43.81 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 5.08K Feb 6, 2024 Common Stock 5.08K $48.34 Direct F7
holding EFSC Non Qualified Stock Option (Right to Buy) 5.11K Feb 6, 2024 Common Stock 5.11K $54.46 Direct F8
holding EFSC Restricted Share Units 898 Feb 6, 2024 Common Stock 898 Direct F4, F9
holding EFSC Restricted Share Units 1.04K Feb 6, 2024 Common Stock 1.04K Direct F4, F10
holding EFSC Restricted Share Units 9.98K Feb 6, 2024 Common Stock 9.98K Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
F3 The shares of common stock were awarded pursuant to the Company's 2018 Stock Incentive Plan.
F4 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.
F5 The RSU's vest 100% in the first quarter of 2024, subject to continued employment by the reporting person.
F6 This option becomes exercisable in the first quarter of 2024, subject to continued employment by the reporting person.
F7 This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.
F8 This option becomes exercisable in the first quarter of 2026, 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 RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.
F11 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.