Warren McDonald - 07 Nov 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Signature
/s/ Heather Roemer, as attorney-in-fact for Warren McDonald
Issuer symbol
BFST
Transactions as of
07 Nov 2024
Net transactions value
-$73,472
Form type
4
Filing time
12 Nov 2024, 16:09:39 UTC
Previous filing
13 Sep 2024
Next filing
19 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Sale $73,472 -2,560 -13% $28.70 16,535 07 Nov 2024 Direct F1, F2
* 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 $28.50 to $29.28. 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 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.