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

Role
SEVP, Chief Risk Officer
Signature
/s/ Bridget Huffman
Stock symbol
EFSC
Transactions as of
Feb 24, 2024
Transactions value $
-$6,329
Form type
4
Date filed
2/27/2024, 01:21 PM
Previous filing
Dec 7, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +213 +4.76% $0.00 4.69K Feb 24, 2024 Direct
transaction EFSC Common Stock Tax liability -$3.02K -74 -1.58% $40.83 4.61K Feb 24, 2024 Direct F1
transaction EFSC Common Stock Options Exercise $0 +254 +5.5% $0.00 4.87K Feb 25, 2024 Direct
transaction EFSC Common Stock Tax liability -$3.31K -81 -1.66% $40.83 4.79K Feb 25, 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% $0.00 213 Feb 24, 2024 Common Stock 213 Direct F2, F3
transaction EFSC Restricted Share Units Options Exercise $0 -254 -100% $0.00* 0 Feb 25, 2024 Common Stock 254 Direct F2, F4
holding EFSC Non Qualified Stock Option (Right to Buy) 816 Feb 24, 2024 Common Stock 816 $43.81 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 737 Feb 24, 2024 Common Stock 737 $48.34 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 1.67K Feb 24, 2024 Common Stock 1.67K $54.46 Direct F7
holding EFSC Restricted Share Units 341 Feb 24, 2024 Common Stock 341 Direct F2, F8
holding EFSC Restricted Share Units 1.14K Feb 24, 2024 Common Stock 1.14K 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.