SEC Form 4 · accession 0001061434-18-000003
TriState Capital Holdings, Inc. · TSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Getz
Officer — CHAIRMAN, PRESIDENT AND CEO · Director
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 4:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001380846
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2018 | M | 5,000 | $10.25 | A | 760,289 | D | |
| Common StockF2 | Feb 20, 2018 | S | 5,000 | $22.9568 | D | 755,289 | D | |
| Common StockF3 | holding | — | — | — | 287,173 | I | By Getz Enterprises, L.P. | |
| Common StockF4 | holding | — | — | — | 160,618 | I | By Barclays Capital, Inc. FBO James F. Getz Individual Retirement Account | |
| Common StockF5 | holding | — | — | — | 61,252 | D |
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 Buy)F6 | $10.25 | Feb 20, 2018 | M | 5,000 | D | Jun 30, 2015 | Dec 31, 2022 | Common Stock | 5,000 | 32,500 | D |
| Stock Options (Right to Buy)F7 | $10.31 | holding | — | — | — | Jul 16, 2017 | Jan 16, 2025 | Common Stock | 64,161 | 64,161 | D |
| Stock Options (Right to Buy)F8 | $11.66 | holding | — | — | — | Jul 2, 2016 | Jan 2, 2024 | Common Stock | 29,232 | 29,232 | D |
Explanation of responses
- F1The options were exercised and the underlying securities were sold by Mr. Getz to fund his tax obligations with respect to the vesting in 2018 of restricted stock awards made to him under the Company's 2014 Omnibus Incentive Plan.
- F2The price reported in Column 4 is the average price. The shares were sold in multiple transactions at prices ranging from $22.80 to $23.10, inclusive. The Reporting Person undertakes to provide to any security holder of TriState Capital Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The Reporting Person is the general partner of this entity.
- F4The Reporting Person is the beneficiary of this account.
- F5Shares held jointly by Mr. Getz and his wife.
- F6All of these options vested and became exercisable on 12/31/2017.
- F732,080 of these options vested and became exercisable on 7/16/2017, and the remainder will vest and become exercisable on 1/16/2020.
- F8866 of these options vested and became exercisable on 7/2/2016, and the remainder will vest and become exercisable on 1/2/2019.