Greg Robertson - May 4, 2023 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Signature
/s/ Heather Roemer, as attorney-in-fact for Gregory Robertson
Stock symbol
BFST
Transactions as of
May 4, 2023
Transactions value $
$102,411
Form type
4
Date filed
5/12/2023, 04:05 PM
Previous filing
Apr 4, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST Common Stock Small acquisition under Rule 16a-6 $6.88K +511 +0.96% $13.47 53.7K May 4, 2023 Direct F1, F2
transaction BFST Common Stock Purchase $95.5K +6.78K +12.61% $14.10 60.5K May 11, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (a) 3,116 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, and (b) 10,838 shares of restricted stock granted on 2/1/2023, of which 5,338 shares will vest on 3/31/2024 and the remaining 5,500 shares will vest on 3/31/2025. 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.44 to $13.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or Commission staff, upon request, full information regarding the number of shares sold at each separate price within this range.