MELVILLE DAVID R. III 4
4 · Business First Bancshares, Inc. · Filed May 12, 2023
Insider Transaction Report
Form 4
MELVILLE DAVID R. III
DirectorPresident and CEO
Transactions
- Discretionary Transaction
COMMON STOCK
2023-05-10$13.98/sh+5,045$70,529→ 223,182 total
Footnotes (3)
- [F1]Represents the discretionary acquisition of units of employer stock fund through issuer's 401(k) plan.
- [F2]Includes (a) 8,216 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, and (b) 30,532 shares of restricted stock granted on 2/1/2023, of which 15,038 shares will vest on 3/31/2024 and the remaining 15,494 shares will vest on 3/31/2025. 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.
- [F3]Includes units of employer stock fund through issuer's 401(k) plan equivalent to approximately 11,603 shares.