SEC Form 4 · accession 0001127602-15-012003
ENTERPRISE BANCORP INC /MA/ · EBTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George L Duncan
Officer — Chairman · Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 1:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001018399
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 17, 2015 | A | 6,588 | $0.00 | A | 403,343 | D | |
| Common Stock | Mar 18, 2015 | S | 779 | $20.94 | D | 402,564 | D | |
| Common Stock | Mar 18, 2015 | S | 100 | $20.8993 | D | 402,464 | D | |
| Common Stock | Mar 18, 2015 | S | 12 | $20.89 | D | 402,452 | D | |
| Common Stock | holding | — | — | — | 18,445 | I | By Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F1 | $21.03 | Mar 17, 2015 | A | 2,873 | A | — | Mar 16, 2025 | Common Stock | 2,873 | 2,873 | D |
Explanation of responses
- F1Options vest 50% on the second anniversary of the grant date and 50% on the fourth anniversary of the grant date. The first installment vests on March 17, 2017.