Douglas Bauche - Feb 24, 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
SEVP, Chief Credit Officer
Signature
/s/ Douglas Bauche
Stock symbol
EFSC
Transactions as of
Feb 24, 2024
Transactions value $
-$55,896
Form type
4
Date filed
2/27/2024, 01:16 PM
Previous filing
Feb 8, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +3.33K +19.65% $0.00 20.3K Feb 24, 2024 Direct
transaction EFSC Common Stock Tax liability -$55.9K -1.37K -6.76% $40.83 18.9K Feb 24, 2024 Direct F2
holding EFSC Common Stock 2.85K Feb 24, 2024 401(K) Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EFSC Restricted Share Units Options Exercise $0 -3.33K -33.33% $0.00 6.65K Feb 24, 2024 Common Stock 3.33K Direct F3, F4
holding EFSC Non Qualified Stock Option (Right to Buy) 4.73K Feb 24, 2024 Common Stock 4.73K $43.81 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 5.08K Feb 24, 2024 Common Stock 5.08K $48.34 Direct F6
holding EFSC Non Qualified Stock Option (Right to Buy) 5.11K Feb 24, 2024 Common Stock 5.11K $54.46 Direct F7
holding EFSC Restricted Share Units 898 Feb 24, 2024 Common Stock 898 Direct F3, F8
holding EFSC Restricted Share Units 1.04K Feb 24, 2024 Common Stock 1.04K Direct F3, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time.
F2 Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
F3 The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
F4 The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
F5 This option becomes exercisable in the first quarter of 2024, subject to continued employment by the reporting person.
F6 This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.
F7 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F8 The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.
F9 The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.