SEC Form 5 · accession 0001127602-17-001688
ENTERPRISE FINANCIAL SERVICES CORP · EFSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Brian Lally
Officer — President
Period of report
Dec 31, 2016
Accepted (ET)
Jan 13, 2017 · 3:03 pm 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 StockF1 | May 6, 2016 | J | 1,710 | $0.00 | A | 24,331 | D | |
| Common StockF2 | holding | — | — | — | 11,290 | I | 401 (K) Plan | |
| Common StockF3 | 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 UnitsF4,F5 | — | holding | — | — | — | — | — | Common Stock | 2,021 | 2,021 | D |
| Restricted Share UnitsF6,F7 | — | holding | — | — | — | — | — | Common Stock | 556 | 556 | D |
| Stock Settled Stock Appreciation RightsF8 | $25.63 | holding | — | — | — | Dec 15, 2007 | Jun 15, 2017 | Common Stock | 4,245 | 4,245 | D |
| Stock Settled Stock Appreciation RightsF9 | $20.63 | holding | — | — | — | Dec 15, 2008 | Jun 13, 2018 | Common Stock | 5,188 | 5,188 | D |
| Stock Settled Stock Appreciation RightsF10 | $10.14 | holding | — | — | — | Aug 2, 2011 | Aug 2, 2020 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1When Mr. Lally filed a Form 3 upon becoming an executive officer, 1,710 shares were inadvertently excluded from his holdings at the time of that filing.
- F10Each 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.
- F2The 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.
- F3These shares are held jointly with spouse.
- F4The 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.
- F5Vesting occurs on December 15, 2017, subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
- F6The 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.
- F7The 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.
- 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 employement of the reporting person. Vesting occurs on December 15 of each year, commencing December 15, 2007.
- 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 December 15 of each year, commencing December 15, 2008.