ENTERPRISE FINANCIAL SERVICES CORP 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Sep 17, 2014
Insider Transaction Report
Form 4
LEUCK RICHARD C
Regional President
Transactions
- Sale
Common Stock
2014-09-15$17.34/sh−4,156$72,065→ 4,187 total
Holdings
- 34,149(indirect: By Trust)
Common Stock
- 5,000
Stock Settled Stock Appreciation Rights
Exercise: $20.63From: 2008-12-15Exp: 2018-06-13→ Common Stock (5,000 underlying) - 18,664
Common Stock
- 11,313
Restricted Share Units
→ Common Stock (11,313 underlying) - 7,000(indirect: By IRA)
Common Stock
- 8,500(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.33 to $17.35, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]These shares are held jointly with spouse.
- [F3]The RSUs were granted pursuant to the Company's 2002 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- [F4]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.
- [F5]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 employment of the reporting person. Vesting occurs on December 15 of each year, commencing December 15, 2008.