SEC Form 4 · accession 0001127602-18-016198
ENTERPRISE FINANCIAL SERVICES CORP · EFSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Brian Lally
Officer — CEO
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 3:07 pm EDT
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 | May 1, 2018 | M | 5,188 | $0.00 | A | 40,998 | D | |
| Common StockF1 | May 1, 2018 | F | 3,500 | $50.85 | D | 37,498 | D | |
| Common StockF2 | holding | — | — | — | 12,012 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation RightsF4 | $20.63 | May 1, 2018 | M | 5,188 | D | Dec 15, 2008 | Jun 13, 2018 | Common Stock | 5,188 | 0 | D |
| Stock Settled Stock Appreciation RightsF5 | $10.14 | holding | — | — | — | Aug 2, 2011 | Aug 2, 2020 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Withholding of stock to satisfy exercise price and tax withholding obligation in connection with the exercise of stock settled appreciation rights.
- 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.
- F4Each 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.
- F5Each 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.