Mark P. Folse - Jun 23, 2022 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
EVP,Chief Risk Officer- b1BANK, Director
Signature
/s/ Heather Roemer, as attorney-in-fact for Mark P. Folse
Stock symbol
BFST
Transactions as of
Jun 23, 2022
Transactions value $
-$24,999
Form type
4
Date filed
6/27/2022, 06:37 PM
Previous filing
Apr 4, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Award -$25K -1.18K -0.86% $21.15 136K Jun 23, 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 restricted stock fully vests on the earlier of (a) June 22, 2023, or (b) the day immediately prior to the next annual meeting of shareholders following the grant.
F2 Includes 1,182 shares of unvested restricted stock, all of which will vest on the earlier of (a) June 22, 2023, or (b) the day immediately prior to the next annual meeting of shareholders following the grant. 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. Excludes shares of unvested restricted stOck forfeited upon Mr. Folse's retirement.

Remarks:

Mr. Folse retired from his position as an executive officer of the Bank effective April 30, 2022; Mr. Folse remains a director following his retirement.