SEC Form 4 · accession 0001127602-16-046767
ENTERPRISE BANCORP INC /MA/ · EBTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Main
Officer — President · Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:07 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 9, 2016 | G | 2,440 | $0.00 | D | 232,276 | D | |
| Common Stock | Mar 15, 2016 | A | 3,383 | $0.00 | A | 235,659 | 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)F1 | $21.86 | Mar 15, 2016 | A | 1,651 | A | — | Mar 14, 2026 | Common Stock | 1,651 | 1,651 | D |
Explanation of responses
- F1Options vest 50% on the 2nd anniversary of the grant date and 50% on the 4th anniversary of the grant date. The first installment vests on March 15, 2018.