4//SEC Filing
Strong Saundra 4
Accession 0001437749-25-006194
CIK 0001624322other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 6:01 AM ET
Size
8.1 KB
Accession
0001437749-25-006194
Insider Transaction Report
Form 4
Strong Saundra
EVP & General Counsel
Transactions
- Award
Restricted Stock Units
2025-03-01+4,052→ 7,908 totalExercise: $0.00→ Common Stock (4,052 underlying)
Holdings
- 11,275
COMMON STOCK
Footnotes (5)
- [F1]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F2]Includes: (a) 4,102 shares of unvested restricted stock granted on February 1, 2023 which will vest on March 31, 2025; and (b) 5,383 shares of unvested restricted stock granted on February 1, 2024, of which 2,651 shares will vest on March 31, 2025, and the remaining 2,732 shares will vest on March 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 the grant of 4,052 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,337 shares will vest on March 1, 2026, 1,337 shares will vest on March 1, 2027, and the remaining 1,378 shares will vest on March 1, 2028. 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 50% of 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.
- [F5]Includes: (a) 3,856 time-based restricted stock units granted on December 12, 2024, of which 1,272 shares will vest on December 12, 2025, 1,272 shares will vest on December 12, 2026, and the remaining 1,312 shares will vest on December 12, 2027; and (b) 4,052 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,337 shares will vest on March 1, 2026, 1,337 shares will vest on March 1, 2027, and the remaining 1,378 shares will vest on March 1, 2028.
Documents
Issuer
Business First Bancshares, Inc.
CIK 0001624322
Entity typeother
Related Parties
1- filerCIK 0001889385
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 6:01 AM ET
- Size
- 8.1 KB