Brad S. Elliott - Jan 28, 2022 Form 4 Insider Report for EQUITY BANCSHARES INC (EQBK)

Role
Chief Executive Officer, Director
Signature
/s/ Eric Newell, attorney-in-fact
Stock symbol
EQBK
Transactions as of
Jan 28, 2022
Transactions value $
$0
Form type
4
Date filed
2/1/2022, 05:57 PM
Previous filing
Dec 8, 2021
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQBK Common Stock Award $0 +3.87K +4.46% $0.00 90.7K Jan 28, 2022 Direct F1
transaction EQBK Common Stock Award $0 +14.9K +16.42% $0.00 106K Jan 28, 2022 Direct F2
holding EQBK Common Stock 173K Jan 28, 2022 By Elliott Legacy, LLC F3
holding EQBK Common Stock 9.62K Jan 28, 2022 By Equity Holdings, LLC F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EQBK Employee Stock Option(right to buy) Award $0 +21.8K $0.00 21.8K Jan 28, 2022 Common Stock 21.8K $31.64 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of 3,870 time-based restricted units, upon grant 968 vest and the remaining vest in three equal installments beginning on January 28, 2023.
F2 Represents the grant of 7,447 time-based restricted units that vest in three equal installments beginning on January 28, 2023, as well as 7,447 shares of performance-based restricted units cliff vesting at the later of January 28, 2025 or the date at which performance criteria can be confirmed, if performance criteria are met.
F3 The reporting person is the managing member of Equity Holdings, LLC and Elliott Legacy, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F4 The option vests 508 shares upon grant and the remaining vest in three equal amounts starting January 28, 2023.