Home > Insider Trading > Filing (0001437749-21-009649)

Filing Details

Accession Number:: 0001437749-21-009649
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-04-22 21:30:46
Reporting Period:: 2021-01-22

Accepted Time:: 2021-04-22 21:30:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1624322	Business First Bancshares Inc.	BFST	State Commercial Banks (6022)	205340628

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1734776	Ii A. Donald Hingle	500 Laurel Street, Suite 101 Baton Rouge LA 70801	Evp & Cce Of B1Bank	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-01-22	1,190	$21.38	12,449	No	4	S	Direct
Common Stock	Acquisiton	2021-02-01	5,344	$20.70	17,793	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	A	Direct

Footnotes

The reporting person's sale of common stock resulted from a miscommunication between the reporting person and the 401(k) custodian relating to the intended transfer of a separate account not holding BFST common stock. Although inadvertent, this sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,190 shares, with the reporting person's acquisition of 2,488 shares of common stock at a price of $13.89 per share on August 18, 2020. The reporting person has paid $8,913.10 to BFST, representing the full amount of the profit deemed to have been realized in connection with the short-swing transaction.
Reflects the grant of restricted stock to reporting person. The terms of the restricted stock grant are described in footnote 3 below.
Includes (a) 275 shares of unvested restricted stock granted on 03/31/2019, all of which vested on 3/31/2021, (b) 2,532 shares of unvested restricted stock granted on 2/1/2020, which vest in two equal installments on 3/31/2021 and 3/31/2022, and (c) 5,344 shares of unvested restricted stock granted on 2/1/2021, 1,764 shares of which vest on each of 3/31/2021 and 3/31/2022 and the remaining 1,817 shares vest on 3/31/2023. 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.
Includes 2,700 shares held by reporting person's IRA and units of employer stock fund through issuer's 401(k) plan equivalent to approximately 5,929 shares (based on 401(k) plan statement dated February 25, 2021).