Philip Jordan - Mar 31, 2021 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
EVP&CBO of b1Bank
Signature
/s/ Heather Roemer, as attorney-in-fact for Phillip Jordan
Stock symbol
BFST
Transactions as of
Mar 31, 2021
Transactions value $
-$49,894
Form type
4
Date filed
8/16/2021, 07:25 PM
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST Common Stock Tax liability -$49.9K -2.09K -5.71% $23.93 34.4K Mar 31, 2021 Direct F1, F2
holding BFST Common Stock 6.3K Mar 31, 2021 By Jordan Family Holdings, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (a) 1,871 shares of unvested restricted stock granted on 2/1/2020, which will vest on 3/31/2022, and (b) 7,355 shares of unvested restricted stock granted on 2/1/2021, 3,623 shares of which will vest on 3/31/2022 and the remaining 3,732 shares will vest on 3/31/2023. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events.
F2 Includes 4,000 shares held by reporting person's IRA and units of employer stock fund through issuer's 401(k) plan equivalent to approximately 8,869 shares.
F3 Represents the holdings of Jordan Family Holdings, LLC of which the reporting person is a member. The reporting person disclaims beneficial ownership of registrant common stock held by Jordan Family Holdings, LLC except to the extent of his pecuniary interest.