Home/Filings/4/0001562180-21-005040
4//SEC Filing

Jensen Fred 4

Accession 0001562180-21-005040

CIK 0001716697other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 7:25 PM ET

Size

12.9 KB

Accession

0001562180-21-005040

Insider Transaction Report

Form 4
Period: 2021-07-21
Jensen Fred
Director
Transactions
  • Disposition to Issuer

    Stock Options (Right to buy)

    2021-07-215,4080 total
    Common Stock (5,408 underlying)
  • Disposition to Issuer

    Common Stock

    2021-07-2113,5920 total
  • Disposition to Issuer

    Common Stock

    2021-07-218890 total(indirect: By Trust)
Footnotes (2)
  • [F1]Shares disposed of pursuant to the Agreement and Plan of Merger, dated as of April 26, 2021 (the "Merger Agreement"), by and among First Choice Bancorp. ("Issuer"), and Enterprise Financial Services Corp ("Enterprise"), on July 21, 2021, Issuer was merged with and into Enterprise, with Enterprise continuing as the surviving corporation (the "Merger"). At the time of the Merger, each share of Issuer common stock was converted into the right to receive Merger consideration consisting of 0.6603 shares of Enterprise common stock. Disposed shares includes unvested restricted stock previously granted under the First Choice Bancorp 2013 Omnibus Stock Incentive Plan which became fully vested at the time of the Merger and eligible to receive Merger Consideration.
  • [F2]Represents shares subject to stock options that are being cancelled pursuant to the terms of that certain Merger Agreement, dated April 26, 2021, by and between the Issuer, First Choice Bank, Enterprise Financial Services Corp and Enterprise Bank & Trust. The stock options will be cancelled and will no longer be exercisable effective as of the closing date of the Merger, July 21, 2021.

Issuer

First Choice Bancorp

CIK 0001716697

Entity typeother

Related Parties

1
  • filerCIK 0001737115

Filing Metadata

Form type
4
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 7:25 PM ET
Size
12.9 KB