SEC Form 4 · accession 0001127602-16-070338
ENTERPRISE FINANCIAL SERVICES CORP · EFSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Brian Lally
Officer — Executive Vice President
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 9:25 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001025835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 15, 2016 | M | 555 | $0.00 | A | 22,807 | D | |
| Common Stock | Dec 15, 2016 | F | 186 | $40.90 | D | 22,621 | D | |
| Common StockF1 | holding | — | — | — | 11,274 | I | 401 (K) Plan | |
| Common StockF2 | holding | — | — | — | 9,270 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF3,F4 | — | Dec 15, 2016 | M | 555 | D | — | — | Common Stock | 555 | 556 | D |
| Restricted Share UnitsF5,F6 | — | holding | — | — | — | — | — | Common Stock | 2,021 | 2,021 | D |
| Stock Settled Stock Appreciation RightsF7 | $25.63 | holding | — | — | — | Dec 15, 2007 | Jun 15, 2017 | Common Stock | 4,245 | 4,245 | D |
| Stock Settled Stock Appreciation RightsF8 | $20.63 | holding | — | — | — | Dec 15, 2008 | Jun 13, 2018 | Common Stock | 5,188 | 5,188 | D |
| Stock Settled Stock Appreciation RightsF9 | $10.14 | holding | — | — | — | Aug 2, 2011 | Aug 2, 2020 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1The reporting person holds units in the stock fund and the number of shares reported as indirectly held in the 401 (k) plan in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and allocated to the reporting person's account.
- F2These shares are held jointly with spouse.
- F3The RSUs were granted pursuant to the Company's 2002 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- F4The RSUs vest at a rate of 20% annually over five years, subject to continued employment of the reporting person. Vesting occurs on December 15 of each year, commencing in the calendar year of the grant. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
- F5The RSUs were granted pursuant to the Company's 2013 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- F6The RSUs vest 100% on January 2, 2017, subject to continued employment of the reporting person.
- F7Each SSAR consists of the right to receive an amount, in common stock, equal to the excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SSAR. The SSARs vest at a rate of 20% annually over five years, subject to continued employement of the reporting person. Vesting occurs on December 15 of each year, commencing December 15, 2007.
- F8Each SSAR consists of the right to receive an amount, in common stock, equal to the excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SSAR. The SSARs vest at a rate of 20% annually over five years, subject to continued employment of the reporting person. Vesting occurs on December 15 of each year, commencing December 15, 2008.
- F9Each SSAR consists of the right to receive an amount, in common stock, equal to the excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SSAR. The SSARs vest at a rate of 20% annually over five years, subject to continued employment of the reporting person. Vesting occurs on August 2, of each year, commencing August 2, 2011.