SEC Form 4 · accession 0001127602-18-012458
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 20, 2018
Accepted (ET)
Mar 22, 2018 · 3:03 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,F3,F4,F5,F6 | Mar 20, 2018 | A | 681 | $0.00 | A | 19,035 | 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)F7 | $34.33 | Mar 20, 2018 | A | 344 | A | — | Mar 20, 2028 | Common Stock | 344 | 344 | D |
Explanation of responses
- F1Includes 53.3248 shares acquired through the Issuer's Dividend Reinvestment Plan on 3/1/18.
- F2Includes 1.4814 shares acquired through the Issuer's Employee Stock Purchase Plan on 3/6/18.
- F3Includes 41.3515 shares acquired through the Issuer's Dividend Reinvestment Plan on 12/1/17.
- F4Includes 1.1559 shares acquired through the Issuer's Employee Stock Purchase Plan on 12/6/17.
- F5Includes 47.2010 shares acquired through the Issuer's Dividend Reinvestment Plan on 9/1/17.
- F6Includes 1.3455 shares acquired through the Issuer's Employee Stock Purchase Plan on 9/7/17.
- F7Options 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 20, 2020.