SEC Form 4 · accession 0001127602-17-012782
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 21, 2017
Accepted (ET)
Mar 23, 2017 · 3:55 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,F3,F4 | Mar 21, 2017 | A | 767 | $0.00 | A | 6,808 | 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)F5 | $30.46 | Mar 21, 2017 | A | 364 | A | — | Mar 21, 2027 | Common Stock | 364 | 364 | D |
Explanation of responses
- F1Includes 1.4245 shares acquired through the Issuer's Employee Stock Purchase Plan on 12/7/16
- F2Includes 1.4609 shares acquired through the Issuer's Employee Stock Purchase Plan on March 7, 2017.
- F3Includes 9.7057 shares acquired through the Issuer's Dividend Reinvestment Plan on Dec 1, 2016.
- F4Includes 14.9727 shares acquired through the Issuer's dividend reinvestment plan on March 1, 2017.
- F5Options 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 21, 2019.