SEC Form 4 · accession 0000899243-15-002617
TEXAS CAPITAL BANCSHARES INC/TX · TCBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vince A. Ackerson
Officer — Texas President CLO-TCB
Period of report
Aug 5, 2015
Accepted (ET)
Aug 7, 2015 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001077428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 5, 2015 | M | 4,470 | $22.65 | A | 23,397 | D | |
| Common Stock | Aug 5, 2015 | F | 2,618 | $59.78 | D | 20,779 | D | |
| Common StockF1 | Aug 5, 2015 | S | 1,852 | $59.67 | D | 18,927 | D | |
| Common StockF2 | holding | — | — | — | 1,689 | I | By partnership. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $22.65 | Aug 5, 2015 | M | 4,470 | D | Apr 24, 2007 | Apr 24, 2016 | Common Stock | 4,470 | 0 | D |
Explanation of responses
- F1The stated price represents the weighted average based on prices ranging from $59.71 to $59.64. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
- F2Shares are owned by JAKS Partners, LTD., of which Mr. Ackerson serves as general partner.
- F3The stock appreciation rights vested in five equal annual installments beginning April 24, 2007.