Nicole M. Iannacone - 06 Feb 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
SEVP, Chief Legal Officer
Signature
/s/ Nicole M. Iannacone
Issuer symbol
EFSC
Transactions as of
06 Feb 2024
Net transactions value
-$116,979
Form type
4
Filing time
08 Feb 2024, 15:11:34 UTC
Previous filing
07 Jun 2023
Next filing
27 Feb 2024
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 +857 +10% $0.000000 9,104 06 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $16,085 -407 -4.5% $39.52 8,697 06 Feb 2024 Direct F1
transaction EFSC Common Stock Award $0 +3,430 +39% $0.000000 12,127 06 Feb 2024 Direct F2
transaction EFSC Common Stock Tax liability $56,948 -1,441 -12% $39.52 10,686 06 Feb 2024 Direct F1
transaction EFSC Common Stock Award $0 +2,367 +22% $0.000000 13,053 06 Feb 2024 Direct F2
transaction EFSC Common Stock Tax liability $43,946 -1,112 -8.5% $39.52 11,941 06 Feb 2024 Direct 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 -857 -100% $0.000000* 0 06 Feb 2024 Common Stock 857 Direct F3, F4
holding EFSC Non Qualified Stock Option (Right to Buy) 4,521 06 Feb 2024 Common Stock 4,521 $43.81 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 4,946 06 Feb 2024 Common Stock 4,946 $48.34 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 4,985 06 Feb 2024 Common Stock 4,985 $54.46 Direct F7
holding EFSC Restricted Share Units 874 06 Feb 2024 Common Stock 874 Direct F3, F8
holding EFSC Restricted Share Units 1,019 06 Feb 2024 Common Stock 1,019 Direct F3, F9
holding EFSC Restricted Share Units 9,978 06 Feb 2024 Common Stock 9,978 Direct F3, 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 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.
F4 The RSU's vest 100% in the first quarter of 2024, subject to continued employment by the reporting person.
F5 This option becomes exercisable in the first quarter of 2024, subject to continued employment by the reporting person.
F6 This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.
F7 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F8 The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.
F9 The RSU vest 100% in the first quarter of 2026, 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.