David R. Melville III - Nov 4, 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
President and CEO, Director
Signature
/s/ Heather Roemer, as attorney-in-fact for David R. Melville III
Stock symbol
BFST
Transactions as of
Nov 4, 2024
Transactions value $
-$543,504
Form type
4
Date filed
11/6/2024, 04:24 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Sale -$191K -7.32K -3.03% $26.15 234K Nov 4, 2024 Direct F1, F4, F5
transaction BFST COMMON STOCK Sale -$91.5K -3.51K -1.5% $26.06 231K Nov 5, 2024 Direct F2, F4, F5
transaction BFST COMMON STOCK Sale -$261K -9.17K -3.97% $28.42 222K Nov 6, 2024 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $26.00 to $26.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $26.00 to $26.12. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $26.31 to $29.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 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.
F5 Includes units of employer stock fund through issuer's 401(k) plan equivalent to approximately 11,603 shares.