Greg Robertson - 31 Mar 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role: EVP and CFO
Signature: /s/ Heather Roemer, as attorney-in-fact for Gregory Robertson
Issuer symbol: BFST
Transactions as of: 31 Mar 2024
Net transactions value: -$76,599
Form type: 4
Filing time: 02 Apr 2024, 16:28:07 UTC
Previous filing: 02 Feb 2024
Next filing: 19 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFST	COMMON STOCK	Tax liability	$76,599	-3,438	-4.5%	$22.28	72,755	31 Mar 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (a) 5,500 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025, and (b) 7,442 shares of unvested restricted stock granted on 2/1/2024, of which 3,666 shares will vest on 3/31/2025, and the remaining 3,776 shares will vest on 3/31/2026. 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.

Content

Includes (a) 5,500 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025, and (b) 7,442 shares of unvested restricted stock granted on 2/1/2024, of which 3,666 shares will vest on 3/31/2025, and the remaining 3,776 shares will vest on 3/31/2026. 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.