4//SEC Filing
McDonald Warren 4
Accession 0001437749-24-007682
CIK 0001624322other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:57 PM ET
Size
10.3 KB
Accession
0001437749-24-007682
Insider Transaction Report
Form 4
McDonald Warren
EVP & Chief Credit Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2024-03-11$17.11/sh+7,500$128,325→ 37,017 total - Sale
COMMON STOCK
2024-03-11$22.37/sh−7,000$156,590→ 24,306 total - Tax Payment
COMMON STOCK
2024-03-11$22.47/sh−5,711$128,326→ 31,306 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2024-03-11−7,500→ 0 totalExercise: $17.11Exp: 2024-07-31→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Includes (a) 1,354 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, (b) 7,545 shares of unvested restricted stock granted on 2/1/2023, of which 3,716 shares will vest on 3/31/2024 and the remaining 3,829 shares will vest on 3/31/2025, and (c) 8,034 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2024, 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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]Stock Options (Right to Buy) were structured to comply with Section 409A of the Internal Revenue Code and are exercised automatically upon the earlier of the expiration date, July 31, 2024, a change in control of the issuer, the reporting person's death or disability, or the reporting person's separation from service, and may not be exercised n any other manner.
Documents
Issuer
Business First Bancshares, Inc.
CIK 0001624322
Entity typeother
Related Parties
1- filerCIK 0001841232
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 5:57 PM ET
- Size
- 10.3 KB