Form 4 for BFST Business First Bancshares, Inc.
Accepted 2024-03-13 00:00:00 ET · period of report 2024-03-11 · accession 0001437749-24-007682 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-13 | 2024-03-11 | BFST | McDonald Warren | Chief Credit Off | M - OptEx | $17.11 | +7,500 | 37.0K | +25% | +$128.3K |
| D | 2024-03-13 | 2024-03-11 | BFST | McDonald Warren | Chief Credit Off | S - Sale+OE | $22.37 | -7,000 | 24.3K | -22% | -$156.6K |
| D | 2024-03-13 | 2024-03-11 | BFST | McDonald Warren | Chief Credit Off | F - Tax | $22.47 | -5,711 | 31.3K | -15% | -$128.3K |
| D | 2024-03-13 | 2024-03-11 | BFST | McDonald Warren | Chief Credit Off | M - OptEx | $0.00 | -7,500 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | COMMON STOCK | 2024-03-11 | M | A | 7,500 | $17.11 | 37,017 | D | — | — | (F1) Includes (a) 1,354 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, (b) 7,545 shares of unvested restricted stock granted on 2/1/2023, of which 3,716 shares will vest on 3/31/2024 and the remaining 3,829 shares will vest on 3/31/2025, and (c) 8,034 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2024, 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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. |
| 2 | Common | COMMON STOCK | 2024-03-11 | S | D | 7,000 | $22.37 | 24,306 | D | — | — | (F1) Includes (a) 1,354 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, (b) 7,545 shares of unvested restricted stock granted on 2/1/2023, of which 3,716 shares will vest on 3/31/2024 and the remaining 3,829 shares will vest on 3/31/2025, and (c) 8,034 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2024, 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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. |
| 3 | Common | COMMON STOCK | 2024-03-11 | F | D | 5,711 | $22.47 | 31,306 | D | — | — | (F1) Includes (a) 1,354 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, (b) 7,545 shares of unvested restricted stock granted on 2/1/2023, of which 3,716 shares will vest on 3/31/2024 and the remaining 3,829 shares will vest on 3/31/2025, and (c) 8,034 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2024, 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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. |
| 4 | Derivative | STOCK OPTIONS (RIGHT TO BUY) | 2024-03-11 | M | D | 7,500 | $0.00 | 0 | D | $17.11 · — to 2024-07-31 | 7,500 Common Stock | (F2) Stock Options (Right to Buy) were structured to comply with Section 409A of the Internal Revenue Code and are exercised automatically upon the earlier of the expiration date, July 31, 2024, a change in control of the issuer, the reporting person's death or disability, or the reporting person's separation from service, and may not be exercised n any other manner. |