EFSC Enterprise Financial Services Corporation

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 OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * LALLY JAMES BRIAN	2. Issuer Name and Ticker or Trading Symbol ENTERPRISE FINANCIAL SERVICES CORP [ EFSC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) CEO
(Last)          (First)          (Middle) 150 N. MERAMEC	3. Date of Earliest Transaction (MM/DD/YYYY) 1/30/2023
(Street) CLAYTON, MO 63105 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	1/30/2023		M		1982	A	$0	67110	D
Common Stock	1/30/2023		F		749 (1)	D	$51.82	66361	D
Common Stock	1/30/2023		A(2)		10425	A	$0	76786	D
Common Stock	1/30/2023		F		4029 (1)	D	$51.82	72757	D
Common Stock								17203	I	401 (K) Plan (3)
Common Stock								4107	D (4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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
Non Qualified Stock Option (Right to Buy)	$43.81							(5)	2/25/2031	Common Stock	17637		17637	D
Non Qualified Stock Option (Right to Buy)	$48.34							(6)	2/24/2032	Common Stock	20325		20325	D
Restricted Share Units	(7)							(8)	(8)	Common Stock	3345		3345	D
Restricted Share Units	(7)							(9)	(9)	Common Stock	3592		3592	D
Restricted Share Units	(7)							(10)	(10)	Common Stock	23947		23947	D
Restricted Share Units	(7)	1/30/2023		M			1982	(11)	(11)	Common Stock	1982	$0	0	D

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)	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. The Reporting Person has 35,183 units in the 401(k) Plan, which units consisted of 17,203 shares of common stock.
(4)	These shares are held jointly with spouse.
(5)	This option becomes exercisable after a three year period on 2/25/24.
(6)	This option becomes exercisable after a three year period on 2/24/25.
(7)	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.
(8)	The RSU's vest 100% in the first quarter of 2024, subject to continued employment by the reporting person.
(9)	The RSU's vest 100% in the first quarter of 2025, subject to continued employment by the reporting person.
(10)	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.
(11)	The RSU's vest 100% in the first quarter of 2023, subject to continued employment by the reporting person.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LALLY JAMES BRIAN 150 N. MERAMEC CLAYTON, MO 63105	X		CEO

Signatures
/s/James Brian Lally		2/1/2023
**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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