Saundra Strong - 30 Jul 2024 Form 4 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: 30 Jul 2024
Net transactions value: -$159,516
Form type: 4
Filing time: 01 Aug 2024, 16:22:53 UTC
Previous filing: 02 Apr 2024
Next filing: 19 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFST	COMMON STOCK	Sale	$159,516	-6,300	-36%	$25.32	11,275	30 Jul 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes (a) 4,102 shares of unvested restricted stock granted on 2/1/2023 which will vest on 3/31/2025, and (b) 5,383 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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) 4,102 shares of unvested restricted stock granted on 2/1/2023 which will vest on 3/31/2025, and (b) 5,383 shares of unvested restricted stock granted on 2/1/2024, of which 2,651 shares will vest on 3/31/2025, and the remaining 2,732 shares will vest on 3/31/2026. 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.