4//SEC Filing
Vascocu Norman Jerome Jr 4
Accession 0001437749-24-037597
CIK 0001624322other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:10 PM ET
Size
7.5 KB
Accession
0001437749-24-037597
Insider Transaction Report
Form 4
Vascocu Norman Jerome Jr
President of b1Bank
Transactions
- Award
Restricted Stock Units
2024-12-12+7,657→ 7,657 total→ Common Stock (7,657 underlying)
Holdings
- 26,677
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]Consists of (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.
- [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 has elected to receive cash in an amount equal to the vested securities under the Deferred Compensation Plan, plus any earnings or losses attributable thereto in accordance with the Deferred Compensation Plan, distributed in equal annual installments over a 10-year period commencing on the first business day of the month following the month in which the reporting person's separation of service occurs.
Documents
Issuer
Business First Bancshares, Inc.
CIK 0001624322
Entity typeother
Related Parties
1- filerCIK 0001955172
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 4:10 PM ET
- Size
- 7.5 KB