David R. Melville III - Mar 31, 2024 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, 2024
Transactions value $
-$250,828
Form type
4
Date filed
4/2/2024, 04:28 PM
Previous filing
Feb 2, 2024
Next filing
Nov 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Tax liability -$251K -11.3K -4.45% $22.28 242K Mar 31, 2024 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) 15,494 shares of restricted stock granted on 2/1/2023 which will vest on 3/31/2025, and (b) 19,909 shares of unvested restricted stock granted on 2/1/2024, of which 9,806 shares will vest on 3/31/2025, and the remaining 10,103 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.
F2 Includes units of employer stock fund through issuer's 401(k) plan equivalent to approximately 11,603 shares.