SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Parman Mark C

(Last) (First) (Middle)
7701 E. KELLOGG DR., STE. 300

(Street)
WICHITA KS 67207

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2020
3. Issuer Name and Ticker or Trading Symbol
EQUITY BANCSHARES INC [ EQBK ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 17,217(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (2) 12/31/2024 Class A Common Stock 3,500 14.25 D
Stock Option (right to buy) (3) 12/31/2025 Class A Common Stock 5,000 23.39 D
Stock Option (right to buy) (4) 12/31/2025 Class A Common Stock 2,726 23.39 D
Stock Option (right to buy) (5) 01/30/2027 Class A Common Stock 2,074 33.15 D
Stock Option (right to buy) (6) 01/30/2027 Class A Common Stock 7,500 33.15 D
Stock Option (right to buy) (7) 02/20/2028 Class A Common Stock 3,330 37 D
Stock Option (right to buy) (8) 02/21/2029 Class A Common Stock 3,272 33.41 D
Explanation of Responses:
1. Includes 8,987 time-vested restricted stock units subject to time vesting of which 768 restricted stock units will vest on each of February 20, 2021, 2022 and 2023, and 1,399 restricted stock units will vest on February 7, 2021, 1,397 restricted stock units will vest on February 7, 2022, 1,399 restricted stock units will vest on February 7, 2023, 1,398 restricted stock units will vest on February 7, 2024, and 1,090 restricted stock units will vest on February 7, 2025.
2. The option is currently exercisable. The option previously vested in accordance with its terms.
3. The option vests in five equal installments beginning December 31, 2016.
4. The option vests in five equal installments beginning December 31, 2016.
5. The option vests in five equal installments beginning January 30, 2018.
6. The option vests in five equal installments beginning January 30, 2018.
7. The option vests in five equal installments beginning February 20, 2019.
8. The option vests in five equal installments beginning February 21, 2020.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Gregory H. Kossover, attorney-in-fact 03/11/2020
** Signature of Reporting Person Date
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 5 (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.
                               Power of Attorney

     Know all by these presents, that the undersigned hereby constitutes and
appoints each of Brad S. Elliott and Gregory H. Kossover, signing singly, the
undersigned's true and lawful attorney-in-fact to:

     (1)  prepare, execute in the undersigned's name and on the
          undersigned's behalf, and submit to the U.S. Securities and Exchange
          Commission (the "SEC") a Form ID, including amendments thereto, and
          any other documents necessary or appropriate to obtain codes and
          passwords enabling the undersigned to make electronic filings with the
          SEC of reports required by Section 16(a) of the Securities Exchange
          Act of 1934, as amended (the "Exchange Act"), and the rules and
          regulations thereunder;

     (2)  execute for and on behalf of the undersigned Forms 3, 4 and 5
          (including amendments thereto) in accordance with Section 16(a) of the
          Exchange, and the rules and regulations thereunder;

     (3)  do and perform any and all acts for and on behalf of the
          undersigned that may be necessary or desirable to complete and execute
          any such Form 3, 4 or 5, complete and execute any amendment or
          amendments thereto, file that Form with the SEC and any stock exchange
          or similar authority, and provide a copy as required by law or
          advisable to such persons as the attorney-in-fact deems appropriate;
          and

     (4)  take any other action of any type whatsoever in connection with
          the foregoing that, in the opinion of the attorney-in-fact, may be of
          benefit to, in the best interest of, or legally required of the
          undersigned, it being understood that the documents executed by the
          attorney-in-fact on behalf of the undersigned pursuant to this Power
          of Attorney will be in such form and will contain such terms and
          conditions as the attorney-in-fact may approve in the attorney-in-
          fact's discretion.

     The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that the
attorney-in-fact, or the attorney-in-fact's substitute or substitutes, will
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, and their substitutes, in serving in such capacity
at the request of the undersigned, are not assuming, nor is Equity Bancshares,
Inc., any of the undersigned's responsibilities to comply with Section 16 of the
Exchange Act.

     The undersigned agrees that each such attorney-in-fact may rely entirely on
information furnished orally or in writing by or at the direction of the
undersigned to the attorney-in-fact.  The undersigned also agrees to indemnify
and hold harmless Equity Bancshares, Inc. and each such attorney-in-fact against
any losses, claims, damages or liabilities (or actions in these respects) that
arise out of or are based upon any untrue statements or omissions of necessary
facts in the information provided by or at the direction of the undersigned, or
upon the lack of timeliness in the delivery of information by or at the
direction of the undersigned, to that attorney-in-fact for purposes of
executing, acknowledging, delivering or filing any Form 3, 4 or 5 (including any
amendment thereto) and agrees to reimburse Equity Bancshares, Inc. and the
attorney-in-fact on demand for any legal or other expenses reasonably incurred
in connection with investigating or defending against any such loss, claim,
damage, liability or action.

     This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by Equity
Bancshares, Inc., unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

     IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of the date written below.


                                             /s/ Mark C. Parman
                                             -----------------------------------
                                             Signature


                                             Mark C. Parman
                                             -----------------------------------
                                             Print Name


                                             March 9, 2020
                                             -----------------------------------
                                             Date