SEC Form 4 · accession 0001061434-18-000006
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
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 9:31 pm EDT
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 StockF2,F3 | Sep 4, 2018 | S | 5,000 | $29.7505 | D | 155,618 | I | By Stephens Inc. FBO James F. Getz Individual Retirement Account |
| Common StockF2,F3 | Sep 5, 2018 | S | 5,000 | $29.784 | D | 150,618 | I | By Stephens Inc. FBO James F. Getz Individual Retirement Account |
| Common StockF4 | holding | — | — | — | 287,173 | I | By Getz Enterprises, L.P. | |
| Common StockF5,F6 | holding | — | — | — | 242,331 | D | ||
| Common StockF5,F7 | holding | — | — | — | 574,210 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1A portion of the shares were sold by Mr. Getz's IRA, which has as its sole asset shares of common stock of TriState Capital Holdings, Inc. (the "Company"), to provide the IRA with liquid assets sufficient to fund mandatory distributions required to be made to Mr. Getz by the IRA under applicable tax laws. In addition, a portion of the shares were also sold by Mr. Getz to satisfy estimated tax obligations resulting from the vesting of restricted stock set to occur on January 14, 2019, which restricted stock was previously granted to Mr. Getz pursuant to 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 $29.75 to $30.00, 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 beneficiary of this account.
- F4The Reporting Person is the general partner of this entity.
- F5Form 4s previously filed by the Reporting Person with the Securities and Exchange Commission correctly stated the aggregated holdings of this person but inadvertently misstated the number of shares held by the Reporting Person in his individual capacity and the number of shares held by the Reporting Person jointly with his wife. The holdings reported in this Form 4 are the corrected numbers of shares held by the Reporting Person in his individual capacity and jointly with his wife.
- F6Owned by Mr. Getz individually.
- F7Shares held jointly by Mr. Getz and his wife.