# EDGAR Filing Document

**Accession Number:** 0001283697
**File Stem:** 0001127602-23-007478
**Filing Date:** 2023-2
**Character Count:** 8891
**Document Hash:** 3815ba99cc0a4a6581e56cb1d3caa1f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001127602-23-007478.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001127602-23-007478

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230224

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** DUMLAO TROY
- **CENTRAL INDEX KEY:** 0001283697

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-15373
- **FILM NUMBER:** 23684630

**MAIL ADDRESS:**
- **STREET 1:** 821 17TH STREET
- **STREET 2:** C/O VOXWARE INC
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80229
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ENTERPRISE FINANCIAL SERVICES CORP
- **CENTRAL INDEX KEY:** 0001025835
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 431706259
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 150 NORTH MERAMEC
- **STREET 2:** 150 NORTH MERAMEC
- **CITY:** CLAYTON
- **STATE:** MO
- **ZIP:** 63105
- **BUSINESS PHONE:** 3147255500

**MAIL ADDRESS:**
- **STREET 1:** 150 NORTH MERAMEC
- **STREET 2:** 150 NORTH MERAMEC
- **CITY:** CLAYTON
- **STATE:** MO
- **ZIP:** 63105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ENTERBANK HOLDINGS INC
- **DATE OF NAME CHANGE:** 19961024

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>DUMLAO TROY<br><sub>(Last) (First) (Middle)</sub><br>150 N. MERAMEC<br><sub>(Street)</sub><br>ST LOUIS, MO 63105<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-24 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_SVP, Chief Accounting Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ENTERPRISE FINANCIAL SERVICES CORP [ EFSC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-24 |  | M |  | 245 | A | $0 | 4165 | D |  |
| Common Stock | 2023-02-24 |  | F |  | 86<sup>(1)</sup> | D | $54.67 | 4079 | D |  |
| Common Stock | 2023-02-25 |  | F |  | 116<sup>(1)</sup> | D | $54.67 | 4293 | D |  |
| Common Stock | 2023-02-25 |  | M |  | 330 | A | $0 | 4409 | D |  |
| Common Stock | 2023-02-26 |  | F |  | 109<sup>(1)</sup> | D | $54.67 | 4552 | D |  |
| Common Stock | 2023-02-26 |  | M |  | 368 | A | $0 | 4661 | D |  |
| Depository Shares<sup>(2)</sup> |  |  |  |  |  |  |  | 400 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Non Qualified Stock Option (Right to Buy) | $43.81 |  |  |  |  |  |  | <sup>(3)</sup> | 2031-02-25 | Common Stock | 1058 |  | 1058 | D |  |
| Non Qualified Stock Option (Right to Buy) | $48.34 |  |  |  |  |  |  | <sup>(4)</sup> | 2032-02-24 | Common Stock | 1266 |  | 1266 | D |  |
| Restricted Share Units | <sup>(5)</sup> | 2023-02-24 |  | M |  |  | 245 | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 245 | $0 | 488 | D |  |
| Restricted Share Units | <sup>(5)</sup> | 2023-02-25 |  | M |  |  | 330 | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 330 | $0 | 329 | D |  |
| Restricted Share Units | <sup>(5)</sup> | 2023-02-26 |  | M |  |  | 368 | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 368 | $0 | 0 | D |  |

---

### Footnotes:

(1) Withholding of stock to satisfy tax withholding obligation on issuance of common stock.

(2) 1. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.00% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Depositary Shares were purchased in an underwritten public offering.

(3) The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024

(4) The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

(5) 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.

(6) The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

(7) The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

(8) The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 26, 2023. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

**Signature:** /s/ Troy Dumlao  
**Date:** 2023-02-28

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**