Troy Dumlao - 24 Feb 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
EVP, Chief Accounting Officer
Signature
/s/ Troy Dumlao
Issuer symbol
EFSC
Transactions as of
24 Feb 2024
Net transactions value
-$7,227
Form type
4
Filing time
27 Feb 2024, 13:17:51 UTC
Previous filing
07 Jun 2023
Next filing
01 Mar 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 +244 +4.8% $0.000000 5,276 24 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $3,348 -82 -1.6% $40.83 5,194 24 Feb 2024 Direct F1
transaction EFSC Common Stock Options Exercise $0 +329 +6.3% $0.000000 5,523 25 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $3,879 -95 -1.7% $40.83 5,428 25 Feb 2024 Direct F1
holding EFSC Depository Shares 400 24 Feb 2024 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 -244 -50% $0.000000 244 24 Feb 2024 Common Stock 244 Direct F3, F4
transaction EFSC Restricted Share Units Options Exercise $0 -329 -100% $0.000000* 0 25 Feb 2024 Common Stock 329 Direct F3, F5
holding EFSC Non Qualified Stock Option (Right to Buy) 1,058 24 Feb 2024 Common Stock 1,058 $43.81 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 1,266 24 Feb 2024 Common Stock 1,266 $48.34 Direct F7
holding EFSC Non Qualified Stock Option (Right to Buy) 1,769 24 Feb 2024 Common Stock 1,769 $54.46 Direct F8
holding EFSC Restricted Share Units 361 24 Feb 2024 Common Stock 361 Direct F3, F9
holding EFSC Restricted Share Units 1,142 24 Feb 2024 Common Stock 1,142 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 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 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 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.
F5 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.
F6 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
F7 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.
F8 This option becomes exercisable in the first quarter of 2026, 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 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 April 14, 2026. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.