James Brian Lally - 24 Feb 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Signature
/s/James Brian Lally
Issuer symbol
EFSC
Transactions as of
24 Feb 2024
Net transactions value
-$143,926
Form type
4
Filing time
27 Feb 2024, 13:24:14 UTC
Previous filing
08 Feb 2024
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +7,983 +8.9% $0.000000 97,405 24 Feb 2024 Direct
transaction EFSC Common Stock Tax liability $143,926 -3,525 -3.6% $40.83 93,880 24 Feb 2024 Direct F3
holding EFSC Common Stock 18,028 24 Feb 2024 401 (K) Plan F1
holding EFSC Common Stock 4,107 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 -7,983 -33% $0.000000 15,964 24 Feb 2024 Common Stock 7,983 Direct F4, F5
holding EFSC Non Qualified Stock Option (Right to Buy) 17,637 24 Feb 2024 Common Stock 17,637 $43.81 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 20,438 24 Feb 2024 Common Stock 20,438 $54.46 Direct F7
holding EFSC Non Qualified Stock Option (Right to Buy) 20,325 24 Feb 2024 Common Stock 20,325 $48.34 Direct F8
holding EFSC Restricted Share Units 3,592 24 Feb 2024 Common Stock 3,592 Direct F4, F9
holding EFSC Restricted Share Units 4,176 24 Feb 2024 Common Stock 4,176 Direct F4, F10
* 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 These shares are held jointly with spouse.
F3 Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
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 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.
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 2026, subject to continued employment by the reporting person.
F8 This option becomes exercisable in the first quarter of 2025, 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.