4//SEC Filing
Vascocu Norman Jerome Jr 4
Accession 0001437749-25-038062
CIK 0001624322other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 5:44 PM ET
Size
9.8 KB
Accession
0001437749-25-038062
Insider Transaction Report
Form 4
Vascocu Norman Jerome Jr
President of b1Bank
Transactions
- Exercise/Conversion
COMMON STOCK
2025-12-12+2,526→ 25,721 total - Disposition to Issuer
COMMON STOCK
2025-12-12$27.71/sh−2,526$69,995→ 23,195 total - Exercise/Conversion
Restricted Stock Units
2025-12-12−2,526→ 13,178 total→ Common Stock (2,526 underlying)
Footnotes (4)
- [F1]Includes 3,776 shares of unvested restricted stock granted on February 1, 2024, which 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.
- [F2]The reporting person received an award of 7,657 time-based restricted stock units on December 12, 2024, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date.
- [F3]Includes: (a) 5,131 time-based restricted stock units granted to the Reporting Person on December 12, 2024, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; and (b) 8,047 time-based restricted stock units granted to the reporting person on March 1, 2025, of which 2,655 shares will vest on March 1, 2026, 2,655 shares will vest on March 1, 2027, and the remaining 2,737 shares will vest on March 1, 2028.
- [F4]These shares were acquired upon the partial vesting of the previously reported time-based restricted stock units granted to the reporting person on December 12, 2024. 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 received cash in an amount equal to the vested securities under the Deferred Compensation Plan, plus any earnings or losses attributable thereto, distributed in equal annual installments over a 10-year period commencing on the first business day of the month following the month in with 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, 5:44 PM ET
- Size
- 9.8 KB