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

Role
Chief Executive Officer, Director
Signature
/s/ Eric Newell, attorney-in-fact
Issuer symbol
EQBK
Transactions as of
28 Jan 2022
Net transactions value
$0
Form type
4
Filing time
01 Feb 2022, 17:57:27 UTC
Previous filing
08 Dec 2021
Next filing
26 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQBK Common Stock Award $0 +3,870 +4.5% $0.000000 90,698 28 Jan 2022 Direct F1
transaction EQBK Common Stock Award $0 +14,894 +16% $0.000000 105,592 28 Jan 2022 Direct F2
holding EQBK Common Stock 172,551 28 Jan 2022 By Elliott Legacy, LLC F3
holding EQBK Common Stock 9,615 28 Jan 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 +21,801 $0.000000 21,801 28 Jan 2022 Common Stock 21,801 $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.