James Brian Lally - Jun 3, 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
CEO, Director
Signature
/s/James Brian Lally
Stock symbol
EFSC
Transactions as of
Jun 3, 2024
Transactions value $
$19,570
Form type
4
Date filed
6/12/2024, 10:53 AM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Other $19.6K +604 +0.64% $32.40 94.5K Jun 3, 2024 Direct F1, F2
holding EFSC Common Stock 18K Jun 3, 2024 401 (K) Plan F3
holding EFSC Common Stock 4.11K Jun 3, 2024 Direct F4

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
holding EFSC Non Qualified Stock Option (Right to Buy) 17.6K Jun 3, 2024 Common Stock 17.6K $43.81 Direct
holding EFSC Non Qualified Stock Option (Right to Buy) 20.3K Jun 3, 2024 Common Stock 20.3K $48.34 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 20.4K Jun 3, 2024 Common Stock 20.4K $54.46 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 30.7K Jun 3, 2024 Common Stock 30.7K $39.50 Direct F7
holding EFSC Restricted Share Units 3.59K Jun 3, 2024 Common Stock 3.59K Direct F8, F9
holding EFSC Restricted Share Units 4.18K Jun 3, 2024 Common Stock 4.18K Direct F8, F10
holding EFSC Restricted Share Units 5.86K Jun 3, 2024 Common Stock 5.86K Direct F8, F11
holding EFSC Restricted Share Units 16K Jun 3, 2024 Common Stock 16K Direct F8, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2023, through May 31, 2024. This transaction is exempt under Section 16b-3(c).
F2 In accordance with the terms of the ESPP, the reported shares were acquired based on 85% of the closing price of the Issuer's common stock on June 3, 2024.
F3 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.
F4 These shares are held jointly with spouse.
F5 This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.
F6 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F7 This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
F8 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.
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.
F11 The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
F12 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.