JORDAN PHILIP 4
4 · Business First Bancshares, Inc. · Filed Apr 28, 2023
Insider Transaction Report
Form 4
JORDAN PHILIP
EVP&CBO of b1Bank
Transactions
- Exercise/Conversion
COMMON STOCK
2022-09-15$15.00/sh+10,000$150,000→ 60,072 total - Exercise/Conversion
Stock Options (Right to Buy)
2022-09-15−10,000→ 0 totalExercise: $15.00Exp: 2022-11-29→ Common Stock (10,000 underlying) - Tax Payment
COMMON STOCK
2022-09-15$22.36/sh−6,709$150,013→ 53,363 total
Footnotes (4)
- [F1]Includes (a) 3,732 shares of unvested restricted stock granted on 2/1/2021, which will vest on 3/31/2023, and (b) 6,230 shares of unvested restricted stock granted on 2/1/2022, of which 3,114 shares will vest on 3/31/2023, and the remaining 3,116 shares will vest on 3/31/2024. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events.
- [F2]Includes 4,000 shares held by reporting person's IRA and units of employer stock fund through issuer's 401(k) plan equivalent to approximately 10,699 shares.
- [F3]Later reports do not reflect these transactions.
- [F4]Stock Options (Right to Buy) vested in three equal installments beginning on the first anniversary of the grant date, November 29, 2012, and ending November 29, 2015.