MUELLER JEROME M 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Jun 19, 2007
Insider Transaction Report
Form 4
MUELLER JEROME M
SVP Marketing
Transactions
- Disposition to Issuer
Restricted Share Units
2007-06-15−1,981→ 1,397 total→ Common Stock (1,981 underlying) - Award
Stock Settled Stock Appreciation Rights
2007-06-15+4,953→ 4,953 totalExercise: $25.63From: 2007-12-15Exp: 2017-06-15→ Common Stock (4,953 underlying)
Holdings
- 14,276
COMMON STOCK
Footnotes (4)
- [F1]Each RSU represents the right to recieve one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- [F2]Pursuant to a one time offer by Enterprise Financial Services Corp, the reporting person has elected to exchange RSUs for Stock Settled Stock Appreciation Rights ("SSARs") at a ratio of 2.5 SSARs for each RSU surrendered.
- [F3]The RSUs vest at a rate of 20% annually over five years, subject to continued employment of the reporting person. Vesting occurs on December 15 of each year, commencing in the calendar year of the grant. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
- [F4]Each SSAR consists of the right to receive an amount, in common stock, equal to the excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SSAR. The SSARs vest at a rate of 20% annually over five years, subject to continued employement of the reporting person. Vesting occurs on December 15 of each year, commencing December 15, 2007.