Warren McDonald - Dec 12, 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Signature
/s/ Heather Roemer, as attorney-in-fact for Warren McDonald
Stock symbol
BFST
Transactions as of
Dec 12, 2024
Transactions value $
$109,896
Form type
4
Date filed
12/16/2024, 04:11 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Award $110K +3.86K +23.32% $28.50 20.4K Dec 12, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of time-based restricted stock to the reporting person. The time-based restricted stock will vest in substantially equal installments on the first, second, and third anniversary of the issuance date.
F2 Includes (a) 3,829 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025; (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; and (c) 3,856 shares of unvested restricted stock granted on 12/12/2024, of which 1,272 shares will vest on 12/12/2025, 1,272 shares will vest on 12/12/2026, and the remaining 1,312 shares will vest on 12/12/2027. 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.