Greg Robertson - Jan 3, 2024 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
Jan 3, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 04:51 PM
Previous filing
May 12, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Options Exercise $257K +15K +24.79% $17.11 75.5K Jan 3, 2024 Direct F1
transaction BFST COMMON STOCK Tax liability -$257K -10.4K -13.8% $24.64 65.1K Jan 3, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFST Stock Options (Right to Buy) Options Exercise $0 -15K -100% $0.00* 0 Jan 3, 2024 Common Stock 15K $17.11 Direct F2
* 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 Stock Options (Right to Buy) vested in three equal installments beginning on the first anniversary of the grant date, July 31 2014, and ending on July 31, 2017.