Warren McDonald - Dec 12, 2024 Form 4/A - Amendment Insider Report for Business First Bancshares, Inc. (BFST)

Role
Chief Credit Officer
Signature
/s/ Heather Roemer, as attorney-in-fact for Warren McDonald
Stock symbol
BFST
Transactions as of
Dec 12, 2024
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/19/2025, 04:15 PM
Date Of Original Report
Dec 16, 2024
Previous filing
Nov 12, 2024
Next filing
Mar 5, 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 Dec 12, 2024 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 $0 +3.86K $0.00 3.86K Dec 12, 2024 Common Stock 3.86K $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 December 16, 2024.
F2 Includes (a) 3,829 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.
F3 The original Form 4, filed on December 16, 2024, incorrectly reported the grant of the reported securities as an acquisition of shares of restricted stock under Table I. This amendment is being filed to correct the original report by reporting the grant of the reported securities as an acquisition of restricted stock units under Table II.
F4 Reflects the grant of 3,856 time-based restricted stock units granted to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan on December 12, 2024. The time-based restricted stock units will vest in three substantially equal installments on the first, second and third anniversary of the issuance date. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer. Under the terms of the relevant restricted stock unit grant, the reported unvested restricted stock units are subject to forfeiture upon the occurrence of certain events.