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

Role
EVP & Chief Credit Officer
Signature
/s/ Heather Roemer, as attorney-in-fact for Warren McDonald
Stock symbol
BFST
Transactions as of
Mar 1, 2025
Transactions value $
$0
Form type
4
Date filed
3/5/2025, 06:24 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 16.5K 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 +4.05K +105.08% 7.91K Mar 1, 2025 Common Stock 4.05K $0.00 Direct F3, F4
* 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) 3,829 shares of unvested restricted stock granted on February 1, 2023, which will vest on March 31, 2025; and (b) 5,383 shares of unvested restricted stock granted on February 1, 2024, of which 2,651 shares will vest on March 31, 2025, and the remaining 2,732 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 4,052 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,337 shares will vest on March 1, 2026, 1,337 shares will vest on March 1, 2027, and the remaining 1,378 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 Includes: (a) 3,856 time-based restricted stock units granted on December 12, 2024, of which 1,272 shares will vest on December 12, 2025, 1,272 shares will vest on December 12, 2026, and the remaining 1,312 shares will vest on December 12, 2027; and (b) 4,052 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 1,337 shares will vest on March 1, 2026, 1,337 shares will vest on March 1, 2027, and the remaining 1,378 shares will vest on March 1, 2028.