Nicole M. Iannacone - Jun 3, 2024 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role
SEVP, Chief Legal Officer
Signature
/s/ Nicole M. Iannacone
Stock symbol
EFSC
Transactions as of
Jun 3, 2024
Transactions value $
$19,602
Form type
4
Date filed
6/12/2024, 10:51 AM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EFSC Common Stock Other $19.6K +605 +4.36% $32.40 14.5K Jun 3, 2024 Direct F1, 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
holding EFSC Non Qualified Stock Option (Right to Buy) 4.52K Jun 3, 2024 Common Stock 4.52K $43.81 Direct
holding EFSC Non Qualified Stock Option (Right to Buy) 4.95K Jun 3, 2024 Common Stock 4.95K $48.34 Direct F3
holding EFSC Non Qualified Stock Option (Right to Buy) 4.99K Jun 3, 2024 Common Stock 4.99K $54.46 Direct F4
holding EFSC Non Qualified Stock Option (Right to Buy) 7.55K Jun 3, 2024 Common Stock 7.55K $39.50 Direct F5
holding EFSC Restricted Share Units 874 Jun 3, 2024 Common Stock 874 Direct F6, F7
holding EFSC Restricted Share Units 1.02K Jun 3, 2024 Common Stock 1.02K Direct F6, F8
holding EFSC Restricted Share Units 1.44K Jun 3, 2024 Common Stock 1.44K Direct F6, F9
holding EFSC Restricted Share Units 6.65K Jun 3, 2024 Common Stock 6.65K Direct F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2023, through May 31, 2024. This transaction is exempt under Section 16b-3(c).
F2 In accordance with the terms of the ESPP, the reported shares were acquired based on 85% of the closing price of the Issuer's common stock on June 3, 2024.
F3 This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.
F4 This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.
F5 This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
F6 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.
F7 The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.
F8 The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.
F9 The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
F10 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.