| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| LALLY-MCGURL MEAGHAN | EVP - Principal Subsidiary | C/O ENTERPRISE BANCORP, INC., 222 MERRIMACK STREET, LOWELL | /s/ Joseph R. Lussier attorney-in-fact for Meaghan Lally-McGurl | 01 Jul 2025 | 0002017624 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EBTC | Common Stock | Tax liability | -$26.9K | -678 | -14.01% | $39.64 | 4.16K | 01 Jul 2025 | Direct | F1 |
| transaction | EBTC | Common Stock | Disposed to Issuer | -4.16K | -100% | 0 | 01 Jul 2025 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -189 | -100% | 0 | 01 Jul 2025 | Common Stock | 189 | $21.86 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -74 | -100% | 0 | 01 Jul 2025 | Common Stock | 74 | $30.46 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -75 | -100% | 0 | 01 Jul 2025 | Common Stock | 75 | $34.33 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -190 | -100% | 0 | 01 Jul 2025 | Common Stock | 190 | $29.84 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -197 | -100% | 0 | 01 Jul 2025 | Common Stock | 197 | $28.22 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -90 | -100% | 0 | 01 Jul 2025 | Common Stock | 90 | $32.73 | Direct | F3 | ||
| transaction | EBTC | Option (Right to Buy) | Disposed to Issuer | -73 | -100% | 0 | 01 Jul 2025 | Common Stock | 73 | $38.58 | Direct | F3 |
Meaghan Lally is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | In accordance with the Merger Agreement, all unvested shares of restricted stock automatically vested in full at the Effective Time (as defined in the Merger Agreement) to the extent not previously forfeited, and was considered outstanding shares of Enterprise common entitled to receive the Merger Consideration (as defined in the Merger Agreement). |
| F2 | Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2024 (the "Merger Agreement"), by and among Enterprise Bancorp, Inc. ("Enterprise"), Enterprise Bank and Trust Company, Independent Bank Corp. ("Independent") and Rockland Trust Company, each issued and outstanding share of Enterprise common stock was converted into the right to receive (i) $2.00 in cash and (ii) 0.60 shares of Independent common stock (subject to the payment of cash in lieu of fractional shares). |
| F3 | In accordance with the Merger Agreement, each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Enterprise common stock provided for in such option and (ii) the excess, if any, of the Per Share Cash Equivalent Consideration (as defined in the Merger Agreement) over the exercise price per share of Enterprise common stock provided for in such option, which cash payment was made without interest and was net of all applicable withholding taxes. |