SEC Form 4 · accession 0001575602-18-000001
TriState Capital Holdings, Inc. · TSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J. Dolan
Director
Period of report
Jan 29, 2018
Accepted (ET)
Jan 31, 2018 · 4:01 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 StockF1,F2,F3 | Jan 29, 2018 | S | 65,000 | $24.9347 | D | 25,757 | D | |
| Common Stock | holding | — | — | — | 13,625 | D | ||
| Common Stock | holding | — | — | — | 2,500 | I | Charles Scwab and Co, Inc., Custodian of James J Dolan Roth Contributory IRA | |
| Common StockF4 | holding | — | — | — | 3,200 | I | Owned by spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were sold to provide liquidity to Mr. Dolan to fund a business transaction not related to TriState Capital Holdings, Inc. Those securities had been held by Mr. Dolan and his spouse since they were purchased by them for $10 per share over 10 years ago, at the time that TriState Capital commenced operations.
- F2The price reported in Column 4 is the average price. The shares were sold in multiple transactions at prices ranging from $24.75 to $25.0625, 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.
- F3Shares held jointly of record by the Reporting Person and his spouse.
- F4The Reporting Person disclaims beneficial ownership of these securities except to the extent of any indirect pecuniary interest therein. This Form shall not be deemed an admission that he is a beneficial owner of any securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.