MELVILLE DAVID R. III 4
4 · Business First Bancshares, Inc. · Filed Dec 16, 2024
Insider Transaction Report
Form 4
MELVILLE DAVID R. III
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2024-12-12+14,966→ 14,966 total→ Common Stock (14,966 underlying)
Holdings
- 221,639
COMMON STOCK
Footnotes (4)
- [F1]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F2]Includes units of employer stock fund through issuer's 401(k) plan equivalent to approximately 11,603 shares of common stock of the issuer.
- [F3]Reflects time-based restricted stock units granted to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan (the "Incentive Plan") on December 12, 2024. The time-based restricted stock units will vest in three substantially equal installments on the first, second, and third anniversary of the issuance date. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer.
- [F4]The reporting person has irrevocably elected to defer the reported securities under the b1BANK Deferred Compensation Plan (the "Deferred Compensation Plan"). In accordance with the Deferred Compensation Plan, the reporting person will receive a lump sum cash distribution in an amount equal to the vested securities deferred under the Deferred Compensation Plan, plus any earnings or losses attributable thereto in accordance with the Deferred Compensation Plan, on the first business day of the month following the month in which the reporting person's separation of service, death or disability occurs.