ENTERPRISE FINANCIAL SERVICES CORP — Director's Dealing 2024

Feb 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERPRISE FINANCIAL SERVICES CORP (EFSC)
CIK: 0001025835
Period of Report: 2024-02-24

Reporting Person: BAUCHE DOUGLAS (SEVP, Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-24	Common Stock	M	3326	—	Acquired	20255	Direct
2024-02-24	Common Stock	F	1369	$40.83	Disposed	18886	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-24	Restricted Share Units	$	M	3326	Disposed		Common Stock (3326)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2847	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non Qualified Stock Option (Right to Buy)	$43.81	2031-02-25	Common Stock (4730)	4730	Direct
Non Qualified Stock Option (Right to Buy)	$48.34	2032-02-24	Common Stock (5081)	5081	Direct
Non Qualified Stock Option (Right to Buy)	$54.46	2033-02-28	Common Stock (5105)	5105	Direct
Restricted Share Units	$		Common Stock (898)	898	Direct
Restricted Share Units	$		Common Stock (1043)	1043	Direct

Footnotes

F1: These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time.

F2: Withholding of stock to satisfy tax withholding obligation on issuance of common stock.

F3: The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.

F4: The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

F5: This option becomes exercisable in the first quarter of 2024, subject to continued employment by the reporting person.

F6: This option becomes exercisable in the first quarter of 2025, subject to continued employment by the reporting person.

F7: This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.

F8: The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.

F9: The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.