<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-12-02</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001018399</issuerCik>
        <issuerName>ENTERPRISE BANCORP INC /MA/</issuerName>
        <issuerTradingSymbol>EBTC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001462721</rptOwnerCik>
            <rptOwnerName>Szablak Chester J JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ENTERPRISE BANCORP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>222 MERRIMACK STREET</rptOwnerStreet2>
            <rptOwnerCity>LOWELL</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>01852</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP - Principal Subsidiary</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-12-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1154</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.85</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12073.9919</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Shares were acquired through the Issuer's supplemental community offering.</footnote>
        <footnote id="F2">Includes 4.5455 shares acquired through the Issuer's Employee Stock Purchase Plan on 4/27/09.</footnote>
        <footnote id="F3">Includes 2.1210 shares acquired through the Issuer's dividend reinvestment plan on 6/2/09.</footnote>
        <footnote id="F4">Includes 1.8414 shares acquired through the Issuer's dividend reinvestment plan on 9/2/09.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Chester J. Szablak, Jr.</signatureName>
        <signatureDate>2009-12-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
