SEC Form 4 · accession 0001127602-16-046760
ENTERPRISE BANCORP INC /MA/ · EBTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael John Gallagher
Officer — EVP-Principal Subsidiary
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:03 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 StockF1,F2 | Mar 15, 2016 | A | 1,069 | $0.00 | A | 5,651 | D |
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)F3 | $21.68 | Mar 15, 2016 | A | 522 | A | — | Mar 14, 2026 | Common Stock | 522 | 522 | D |
Explanation of responses
- F1Includes 11.6370 shares acquired through the Issuer's dividend reinvestment plan on March 1, 2016.
- F2Includes 2.0069 shares acquired through dividend reinvestment on March 7, 2016.
- F3Options vest 50% on the second anniversary date of the grant and 50% on the fourth anniversary date of the grant. The first installment vests on March 15, 2018.