David R. Melville III - Mar 31, 2022 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Signature
/s/ Heather Roemer, as attorney-in-fact for David R. Melville III
Stock symbol
BFST
Transactions as of
Mar 31, 2022
Transactions value $
-$164,495
Form type
4
Date filed
4/4/2022, 06:39 PM
Previous filing
Feb 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST Common Stock Tax liability -$164K -6.76K -3.58% $24.33 182K Mar 31, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (a) 9,683 shares of unvested restricted stock granted on 2/1/2021, which will vest on 3/31/2023, and (b) 16,430 shares of unvested restricted stock granted on 2/1/2022, of which 8,214 shares will vest on 3/31/2023 and the remaining 8,216 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.
F2 Includes units of employer stock fund through issuer's 401(k) plan equivalent to approximately 5,865 shares.