Joseph R. Lussier - 15 Mar 2022 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Role
EVP-Principal Subsidiary
Signature
/s/ John P. Clancy, Jr. as attorney-in-fact for Joseph R. Lussier
Issuer symbol
EBTC
Transactions as of
15 Mar 2022
Transactions value $
-$2,700
Form type
4
Filing time
17 Mar 2022, 14:33:21 UTC
Previous filing
31 Jan 2022
Next filing
25 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Award $0 +826 +10.36% $0.00 8.8K 15 Mar 2022 Direct
transaction EBTC Common Stock Tax liability -$2.7K -69 -0.78% $39.13 8.73K 16 Mar 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EBTC Stock Option (Right to Buy) Award $0 +391 $0.00 391 15 Mar 2022 Common Stock 391 $38.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 40.7609 shares acquired through dividend reinvestment on 3/1/22.
F2 Options 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 15, 2024.