KENNETH R. LEHMAN - 28 Jun 2024 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
10%+ Owner
Signature
/s/ Kenneth R. Lehman
Issuer symbol
BFST
Transactions as of
28 Jun 2024
Net transactions value
$0
Form type
4
Filing time
08 Jul 2024, 17:08:10 UTC
Previous filing
28 May 2024
Next filing
17 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Conversion of derivative security +18,812,000 +1586% 19,998,257 28 Jun 2024 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 BFST Series B Preferred Stock Conversion of derivative security $0 -4,703 -100% $0.000000* 0 28 Jun 2024 Common Stock 18,812,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, converted into shares of common stock on a 1-for-4,000 basis.