Brad S. Elliott - 24 Oct 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: 24 Oct 2022
Net transactions value: -$430,785
Form type: 4
Filing time: 26 Oct 2022, 12:19:33 UTC
Previous filing: 01 Feb 2022
Next filing: 28 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQBK	Class A Common Stock	Options Exercise	$13,000	+1,000	+0.94%	$13.00	107,364	24 Oct 2022	Direct	F1
transaction	EQBK	Class A Common Stock	Sale	$34,500	-1,000	-0.93%	$34.50	106,364	24 Oct 2022	Direct	F2
transaction	EQBK	Class A Common Stock	Options Exercise	$243,698	+18,746	+18%	$13.00	125,110	25 Oct 2022	Direct
transaction	EQBK	Class A Common Stock	Sale	$647,487	-18,746	-15%	$34.54	106,364	25 Oct 2022	Direct	F3
transaction	EQBK	Class A Common Stock	Options Exercise	$3,302	+254	+0.24%	$13.00	106,618	26 Oct 2022	Direct
transaction	EQBK	Class A Common Stock	Sale	$8,799	-254	-0.24%	$34.64	106,364	26 Oct 2022	Direct	F4
holding	EQBK	Class A Common Stock						172,551	24 Oct 2022	By Elliott Legacy LLC	F5
holding	EQBK	Class A Common Stock						9,615	24 Oct 2022	By Equity Holdings, LLC	F5

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	Stock Option (Right to Buy)	Options Exercise	$0	-1,000	-3.3%	$0.000000	29,000	24 Oct 2022	Common Stock	1,000	$13.00	Direct
transaction	EQBK	Stock Option (Right to Buy)	Options Exercise	$0	-18,746	-65%	$0.000000	10,254	25 Oct 2022	Common Stock	18,746	$13.00	Direct
transaction	EQBK	Stock Option (Right to Buy)	Options Exercise	$0	-254	-2.5%	$0.000000	10,000	26 Oct 2022	Common Stock	254	$13.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 456 shares purchased on February 14, 2022 and 316 shares purchased August 14, 2022 pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan.
F2	This transaction was executed in multiple trades at prices ranging from $34.50 USD to $34.55 USD; the price reported above reflects the weighted average sale price.
F3	This transaction was executed in multiple trades at prices ranging from $34.50 USD to $34.64 USD; the price reported above reflects the weighted average sale price.
F4	This transaction was executed in multiple trades at prices ranging from $34.56 USD to $34.71 USD; the price reported above reflects the weighted average sale price.
F5	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.