SEC Form 4 · accession 0001209191-15-040617
TEXAS CAPITAL BANCSHARES INC/TX · TCBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick B Hegi Jr.
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 4:57 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 | May 6, 2015 | M | 4,000 | $19.37 | A | 26,559 | D | |
| Common Stock | May 6, 2015 | S | 4,000 | $53.33 | D | 22,559 | D | |
| Common StockF1 | holding | — | — | — | 28,000 | I | By Limited Partnership | |
| Common StockF2 | holding | — | — | — | 127,132 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 24,252 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options - right to buyF4 | $19.37 | May 6, 2015 | M | 4,000 | D | May 17, 2006 | May 17, 2015 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Shares are owned by Hegi Family Holdings, Ltd., a family limited partnership of which Mr. Hegi is the managing partner and sole decision maker.
- F2Shares are held by the Valley View Capital Corp. Retirement Savings Trust for the benefit of Mr. Hegi.
- F3Shares are held by the F.B. Hegi Trust for the benefit of Mr. Hegi.
- F4The stock options vested in equal installments of 800 shares annually beginning May 17, 2006 through May 14, 2010.