SEC Form 4 · accession 0001077428-17-000048
TEXAS CAPITAL BANCSHARES INC/TX · TCBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian J Turpin
Director
Period of report
Apr 21, 2017
Accepted (ET)
Apr 24, 2017 · 3:04 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 | Apr 21, 2017 | M | 2,000 | $22.47 | A | 9,991 | D | |
| Common Stock | Apr 21, 2017 | M | 1,500 | $18.67 | A | 11,491 | D | |
| Common Stock | Apr 21, 2017 | F | 993 | $73.55 | D | 10,498 | D | |
| Common StockF1 | Apr 21, 2017 | S | 2,507 | $73.59 | D | 7,991 | D | |
| Common StockF2 | holding | — | — | — | 1,904 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 14,641 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 5,951 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF5 | $22.47 | Apr 21, 2017 | M | 2,000 | D | Jul 23, 2008 | Jul 23, 2017 | Common Stock | 2,000 | 0 | D |
| Stock Appreciation RightsF6 | $18.67 | Apr 21, 2017 | M | 1,500 | D | May 19, 2009 | May 19, 2018 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1The stated price represents the weighted average based on prices ranging from $73.58 to $73.59. 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 the RJN Trust, of which Mr. Turpin's spouse is the trustee.
- F3Shares are owned by the Nini Gift Trust, of which Mr. Turpin's spouse is the trustee.
- F4Shares are owned by the Johnson Management Trust, of which Mr. Turpin's spouse is the trustee.
- F5The stock appreciation rights vested in five equal annual installments beginning on July 23, 2008.
- F6The stock appreciation rights vested in five equal annual installments beginning on May 19, 2009.