Troy Dumlao - Apr 14, 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
EVP, Chief Accounting Officer
Signature
/s/ Troy Dumlao
Stock symbol
EFSC
Transactions as of
Apr 14, 2024
Transactions value $
-$4,366
Form type
4
Date filed
4/15/2024, 03:38 PM
Previous filing
Mar 1, 2024
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Options Exercise $0 +381 +7.02% $0.00 5.81K Apr 14, 2024 Direct
transaction EFSC Common Stock Tax liability -$4.37K -114 -1.96% $38.30 5.7K Apr 14, 2024 Direct F1
holding EFSC Depository Shares 400 Apr 14, 2024 Direct F2

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 -381 -33.36% $0.00 761 Apr 14, 2024 Common Stock 381 Direct F7, F11
holding EFSC Non Qualified Stock Option (Right to Buy) 1.06K Apr 14, 2024 Common Stock 1.06K $43.81 Direct F3
holding EFSC Non Qualified Stock Option (Right to Buy) 1.27K Apr 14, 2024 Common Stock 1.27K $48.34 Direct F4
holding EFSC Non Qualified Stock Option (Right to Buy) 1.77K Apr 14, 2024 Common Stock 1.77K $54.46 Direct F5
holding EFSC Non Qualified Stock Option (Right to Buy) 2.72K Apr 14, 2024 Common Stock 2.72K $39.50 Direct F6
holding EFSC Restricted Share Units 244 Apr 14, 2024 Common Stock 244 Direct F7, F8
holding EFSC Restricted Share Units 361 Apr 14, 2024 Common Stock 361 Direct F7, F9
holding EFSC Restricted Share Units 520 Apr 14, 2024 Common Stock 520 Direct F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
F2 1. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.00% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Depositary Shares were purchased in an underwritten public offering.
F3 The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024
F4 The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025.
F5 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F6 This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
F7 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.
F8 The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
F9 The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.
F10 The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
F11 The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on April 14, 2026. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.