JORDAN PHILIP 4
4 · Business First Bancshares, Inc. · Filed Apr 16, 2024
Insider Transaction Report
Form 4
JORDAN PHILIP
EVP&CBO of b1Bank
Transactions
- Exercise/Conversion
COMMON STOCK
2024-04-12$17.11/sh+7,500$128,325→ 83,436 total - Tax Payment
COMMON STOCK
2024-04-12$20.21/sh−6,350$128,334→ 77,086 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2024-04-12−7,500→ 0 totalExercise: $17.11Exp: 2024-07-31→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Includes (a) 5,500 shares of unvested restricted stock granted on 2/1/2023, which will vest on 3/31/2025, and (b) 7,442 shares of unvested restricted stock granted on 2/1/2024, of which 3,666 shares will vest on 3/31/2025, and the remaining 3,776 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]Includes shares held by reporting person's IRA and units of employer stock fund through issuer's 401(k) plan equivalent to approximately 13,003 shares.
- [F3]Stock Options (Right to Buy) vested in three equal installments beginning on the first anniversary of the grant date, July 31, 2014, and ending July 31, 2017.