Saundra Strong - 31 Mar 2023 Form 4/A - Amendment Insider Report for Business First Bancshares, Inc. (BFST)

Role: EVP & General Counsel
Signature: /s/ Heather Roemer, as attorney-in-fact for Saundra Strong
Issuer symbol: BFST
Transactions as of: 31 Mar 2023
Net transactions value: -$21,104
Form type: 4/A - Amendment
Filing time: 21 Apr 2023, 16:05:31 UTC
Date Of Original Report: 04 Apr 2023
Previous filing: 03 Feb 2023
Next filing: 02 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFST	COMMON STOCK	Tax liability	$21,104	-1,232	-9.7%	$17.13	11,481	31 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (a) 246 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, and (b) 8,083 shares of restricted stock granted on 2/1/2023, of which 3,981 shares will vest on 3/31/2024 and the remaining 4,102 shares will vest on 3/31/2025. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events.

Content

Includes (a) 246 shares of unvested restricted stock granted on 2/1/2022, which will vest on 3/31/2024, and (b) 8,083 shares of restricted stock granted on 2/1/2023, of which 3,981 shares will vest on 3/31/2024 and the remaining 4,102 shares will vest on 3/31/2025. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events.