Drew C. Brees - May 8, 2023 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
Director
Signature
/s/ Heather Roemer, as attorney-in-fact for Drew C. Brees
Stock symbol
BFST
Transactions as of
May 8, 2023
Transactions value $
$24,996
Form type
4
Date filed
5/9/2023, 05:33 PM
Previous filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Award $25K +1.58K +78.26% $15.78 3.61K May 8, 2023 Direct F1, F2
holding BFST COMMON STOCK 3.63K May 8, 2023 By Brees Family Trust UA 07/08/04 F3
* 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 restricted stock fully vests on May 8, 2024.
F2 Includes (a) 1,182 shares of restricted stock granted on June 23, 2022, which vest on the earlier of June 22, 2023 or the day immediately prior to the next annual meeting of shareholders following the grant, and (b) 1,584 shares restricted stock granted on May 8, 2023, which vest on May 8, 2024.
F3 Represents the holdings of Brees Family Trust UA 07/08/04, of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of registrant common stock held by Brees Family Trust UA 07/08/04 except to the extent of his pecuniary interest.