Filing Details

Accession Number:
0001437749-24-007682
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-13 17:57:59
Reporting Period:
2024-03-11
Accepted Time:
2024-03-13 17:57:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1624322 Business First Bancshares Inc. BFST State Commercial Banks (6022) 205340628
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1841232 Warren Mcdonald 500 Laurel Street, Suite 101
Baton Rouge LA 70801
Chief Credit Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-03-11 7,500 $17.11 37,017 No 4 M Direct
Common Stock Disposition 2024-03-11 5,711 $22.47 31,306 No 4 F Direct
Common Stock Disposition 2024-03-11 7,000 $22.37 24,306 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock STOCK OPTIONS (RIGHT TO BUY) Disposition 2024-03-11 7,500 $0.00 7,500 $17.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-07-31 No 4 M Direct
Footnotes
  1. 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. 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.