EQUITY BANCSHARES INC — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EQUITY BANCSHARES INC (EQBK)
CIK: 0001227500
Period of Report: 2021-03-11

Reporting Person: Sorensen Harvey R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-11	Class A Common Stock	M	4516	$13.00	Acquired	20316	Direct
2021-03-11	Class A Common Stock	F	2121	$27.67	Disposed	18195	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-11	Stock Option (right to buy)	$13.00	M	4516	Disposed	2023-12-31	Class A Common Stock (4516)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2944	Indirect
Class A Common Stock	35018	Indirect
Class A Common Stock	70	Indirect
Class A Common Stock	50	Indirect
Class A Common Stock	50	Indirect
Class A Common Stock	50	Indirect
Class A Common Stock	50	Indirect
Class A Common Stock	50	Indirect

Footnotes

F1: This form is being filed to report the exercise of Equity Bancshares Inc. stock option for a total of 4,516 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder relinquishes enough shares of stock to cover the exercise price of the option being exercised. As a result of this stock swap, the reporting person acquired 2,395 shares of Equity Bancshares Inc. The price in column 4 is the Equity Bancshares Inc. close price as of March 4th when the option holder requested the stock swap exercise and it was approved by Equity Bancshares Inc.

F2: The reporting person's spouse serves as President of Blau Investment Co., LLC. The reporting person disclaims beneficial ownership of these securities except of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

F3: The reporting person is the trustee/custodian of the trusts/account that holds these shares for the benefit of his grandchild that does not share the reporting person's household. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.