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

Role
SEVP, Chief Risk Officer
Signature
/s/ Bridget Huffman
Issuer symbol
EFSC
Transactions as of
24 Feb 2024
Net transactions value
-$6,329
Form type
4
Filing time
27 Feb 2024, 13:21:05 UTC
Previous filing
07 Dec 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 +213 +4.8% $0.000000 4,688 24 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $3,021 -74 -1.6% $40.83 4,614 24 Feb 2024 Direct F1
transaction EFSC Common Stock Options Exercise $0 +254 +5.5% $0.000000 4,868 25 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $3,307 -81 -1.7% $40.83 4,787 25 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 -213 -50% $0.000000 213 24 Feb 2024 Common Stock 213 Direct F2, F3
transaction EFSC Restricted Share Units Options Exercise $0 -254 -100% $0.000000* 0 25 Feb 2024 Common Stock 254 Direct F2, F4
holding EFSC Non Qualified Stock Option (Right to Buy) 816 24 Feb 2024 Common Stock 816 $43.81 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 737 24 Feb 2024 Common Stock 737 $48.34 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 1,668 24 Feb 2024 Common Stock 1,668 $54.46 Direct F7
holding EFSC Restricted Share Units 341 24 Feb 2024 Common Stock 341 Direct F2, F8
holding EFSC Restricted Share Units 1,142 24 Feb 2024 Common Stock 1,142 Direct F2, F9
* 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 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.
F3 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.
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 25, 2024. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
F5 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
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 24, 2025.
F7 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F8 The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.
F9 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.