Sec Form 4 Filing - KEENE S TURNER @ ENTERPRISE FINANCIAL SERVICES CORP - 2021-01-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KEENE S TURNER
2. Issuer Name and Ticker or Trading Symbol
ENTERPRISE FINANCIAL SERVICES CORP [ EFSC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Chief Financial Officer
(Last) (First) (Middle)
150 N. MERAMEC
3. Date of Earliest Transaction (MM/DD/YY)
01/25/2021
(Street)
CLAYTON, MO63105
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/25/2021 M 610 A $ 0 30,318 D
Common Stock 01/25/2021 F 302 ( 1 ) D $ 36.64 30,016 D
Common Stock 01/25/2021 A( 2 ) 2,754 A $ 0 32,770 D
Common Stock 01/25/2021 F 1,360 ( 1 ) D $ 36.64 31,410 D
Common Stock 2,029 I 401(k) Plan ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units ( 4 ) 01/25/2021 M 610 ( 5 ) ( 5 ) Common Stock 610 $ 0 0 D
Restricted Share Units ( 4 ) ( 6 ) ( 6 ) Common Stock 670 670 D
Restricted Share Units ( 4 ) ( 7 ) ( 7 ) Common Stock 940 940 D
Restricted Share Units ( 4 ) ( 8 ) ( 8 ) Common Stock 1,157 1,157 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KEENE S TURNER
150 N. MERAMEC
CLAYTON, MO63105
EVP, Chief Financial Officer
Signatures
/s/ Keene S. Turner 01/27/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
( 2 )The shares of common stock were awarded pursuant to the Company's 2018 Stock Incentive Plan.
( 3 )The reporting person holds units in the stock fund and the number of shares reported as indirectly held in the 401 (k) plan in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and allocated to the reporting person's account.
( 4 )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.
( 5 )The RSU's vest 100% in the first quarter of 2021, subject to continued employment by the reporting person.
( 6 )The RSU's vest 100% in the first quarter of 2022, subject to continued employment by the reporting person.
( 7 )The RSU's vest 100% in the first quarter of 2023, subject to continued employment by the reporting person.
( 8 )The RSU's vest 50% on the first anniversary of the closing date of the merger with Trinity Capital Corporation and 50% on the second anniversary of the closing of the merger with Trinity Capital Corporation, subject to continued employment of the reporting person and other terms of the award agreement. On the vesting date, the reporting person will receive one share of Common Stock for each RSU.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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