Saundra Strong - Feb 1, 2022 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
EVP & General Counsel
Signature
/s/ Heather Roemer, as attorney-in-fact for Saundra Strong
Stock symbol
BFST
Transactions as of
Feb 1, 2022
Transactions value $
$19,913
Form type
4
Date filed
2/3/2022, 03:04 PM
Previous filing
Feb 2, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST Common Stock Award $19.9K +734 $27.13 734 Feb 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock to reporting person. The terms of the restricted stock grant are described in footnote 2 below.
F2 Consists of 734 shares of unvested restricted stock granted on 2/1/2022, of which 242 shares will vest on 3/31/2022, 242 shares will vest on 3/31/2023, and the remaining 250 shares will vest on 3/31/2024. 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.