SEC Form 4 · accession 0001209191-15-012296
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
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 8:13 pm EST
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 15, 2014 | G | 6,000 | $0.00 | D | 4,475 | D | |
| Common Stock | Feb 9, 2015 | M | 4,000 | $19.37 | A | 8,475 | D | |
| Common StockF1 | Feb 9, 2015 | S | 4,000 | $47.2515 | D | 4,475 | D | |
| Common StockF2 | Jun 30, 2014 | G | 8,575 | $0.00 | D | 18,951 | I | See Footnote |
| Common StockF2 | Sep 18, 2014 | G | 13,000 | $0.00 | D | 5,951 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 14,641 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 1,904 | 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 Option - Right to BuyF5 | $19.37 | Feb 9, 2015 | M | 4,000 | D | May 17, 2006 | May 17, 2015 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1The stated price represents the weighted average based on prices ranging from $47.25 to $47.27. 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 Johnson Management 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 RJN Trust, of which Mr. Turpin's spouse is the trustee.
- F5The stock options vested in equal increments of 800 shares annually beginning May 17, 2006, through May 17, 2010.