Mark P. Folse - 01 Feb 2022 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
EVP,Chief Risk Officer- b1BANK, Director
Signature
/s/ Heather Roemer, as attorney-in-fact for Mark P. Folse
Issuer symbol
BFST
Transactions as of
01 Feb 2022
Net transactions value
+$273,009
Form type
4
Filing time
03 Feb 2022, 15:05:22 UTC
Previous filing
30 Nov 2021
Next filing
04 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST Common Stock Award $273,009 +10,063 +7.6% $27.13 142,098 01 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock to reporting person. The terms of the restricted stock grant are described in footnote 2 below.
F2 Includes 10,063 shares of unvested restricted stock granted on 2/1/2022, of which 3,321 shares will vest on 3/31/2022, 3,321 shares will vest on 3/31/2023, and the remaining 3,421 shares will vest on 3/31/2024. 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.