SEC Form 4 · accession 0001127602-17-012805
ENTERPRISE BANCORP INC /MA/ · EBTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marlene P Hoyt
Officer — EVP-Principal Subsidiary
Period of report
Mar 21, 2017
Accepted (ET)
Mar 23, 2017 · 4:09 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 21, 2017 | A | 767 | $0.00 | A | 17,467 | 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 | $30.46 | Mar 21, 2017 | A | 364 | A | — | Mar 21, 2027 | Common Stock | 364 | 364 | D |
Explanation of responses
- F1Options 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.