Warren McDonald - 09 Sep 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role: Chief Credit Officer
Signature: /s/ Heather Roemer, as attorney-in-fact for Warren McDonald
Issuer symbol: BFST
Transactions as of: 09 Sep 2024
Net transactions value: -$37,020
Form type: 4
Filing time: 13 Sep 2024, 16:36:20 UTC
Previous filing: 05 Aug 2024
Next filing: 12 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFST	Common Stock	Sale	$37,020	-1,500	-7.3%	$24.68	19,095	09 Sep 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) 3,829 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025, and (b) 5,383 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2025, and the remaining 2,732 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) 3,829 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025, and (b) 5,383 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2025, and the remaining 2,732 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.