Kathryn Manning - Mar 1, 2025 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
EVP & Chief Risk Officer
Signature
/s/ Heather Roemer, as attorney-in-fact for Kathryn Manning
Stock symbol
BFST
Transactions as of
Mar 1, 2025
Transactions value $
$0
Form type
4
Date filed
3/5/2025, 06:18 AM
Previous filing
Mar 19, 2025
Next filing
Apr 2, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFST COMMON STOCK 17.9K Mar 1, 2025 Direct F1, F2

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 Restricted Stock Units Award +3.76K +105.09% 7.33K Mar 1, 2025 Common Stock 3.76K $0.00 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F2 Includes: (a) 3,282 shares of unvested restricted stock granted on February 1, 2023 which will vest on March 31, 2025; and (b) 4,869 shares of unvested restricted stock granted on February 1, 2024, of which 2,399 shares will vest on March 31, 2025, and the remaining 2,470 shares will vest on March 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.
F3 Reflects the grant of 3,756 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,239 shares will vest on March 1, 2026, 1,239 shares will vest on March 1, 2027, and the remaining 1,278 shares will vest on March 1, 2028. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer.
F4 The reporting person has irrevocably elected to defer the reported securities under the b1BANK Deferred Compensation Plan (the "Deferred Compensation Plan"). In accordance with the Deferred Compensation Plan, the reporting person will receive a lump sum cash distribution in an amount equal to the vested securities deferred under the Deferred Compensation Plan, plus any earnings or losses attributable thereto in accordance with the Deferred Compensation Plan, on the first business day of the month following the month in which the reporting person's separation of service, death or disability occurs.
F5 Includes: (a) 3,574 time-based restricted stock units granted on December 12, 2024, of which 1,179 shares will vest on December 12, 2025, 1,179 shares will vest on December 12, 2026, and the remaining 1,216 shares will vest on December 12, 2027; and (b) 3,756 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,239 shares will vest on March 1, 2026, 1,239 shares will vest on March 1, 2027, and the remaining 1,278 shares will vest on March 1, 2028.