S. Turner Keene - 28 Feb 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role: SEVP, Chief Financial Officer
Signature: /s/ Keene S. Turner
Issuer symbol: EFSC
Transactions as of: 28 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2024, 12:30:55 UTC
Previous filing: 27 Feb 2024
Next filing: 12 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	EFSC	Common Stock						48,134	28 Feb 2024	Direct
holding	EFSC	Common Stock						1,566	28 Feb 2024	401(k) Plan	F1
holding	EFSC	Depository Shares						2,000	28 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	Award	$0	+2,897		$0.000000	2,897	28 Feb 2024	Common Stock	2,897		Direct	F3, F4
transaction	EFSC	Non Qualified Stock Option (Right to Buy)	Award	$0	+15,163		$0.000000	15,163	28 Feb 2024	Common Stock	15,163	$39.50	Direct	F5
holding	EFSC	Non Qualified Stock Option (Right to Buy)						9,042	28 Feb 2024	Common Stock	9,042	$43.81	Direct
holding	EFSC	Non Qualified Stock Option (Right to Buy)						9,934	28 Feb 2024	Common Stock	9,934	$48.34	Direct	F6
holding	EFSC	Non Qualified Stock Option (Right to Buy)						9,610	28 Feb 2024	Common Stock	9,610	$54.46	Direct	F7
holding	EFSC	Restricted Share Units						1,756	28 Feb 2024	Common Stock	1,756		Direct	F3, F8
holding	EFSC	Restricted Share Units						1,964	28 Feb 2024	Common Stock	1,964		Direct	F3, F9
holding	EFSC	Restricted Share Units						9,978	28 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	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	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 RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
F5	This option becomes exercisable in the first quarter of 2027, 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.