SEC Form 4 · accession 0001487052-16-000202
LegacyTexas Financial Group, Inc. · LTXB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L Williamson
Officer — EVP/Chief Credit Officer
Period of report
Oct 21, 2016
Accepted (ET)
Oct 25, 2016 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 21, 2016 | M | 20,000 | $12.72 | A | 76,702 | D | |
| Common Stock | Oct 21, 2016 | M | 28,200 | $20.85 | A | 104,902 | D | |
| Common Stock | Oct 21, 2016 | S | 48,200 | $33.00 | D | 56,702 | D | |
| Common Stock | holding | — | — | — | 7,127 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock- stock optionF1 | $12.72 | Oct 21, 2016 | M | 20,000 | D | — | May 24, 2021 | Common Stock | 20,000 | 0 | D |
| Common Stock- stock optionF2 | $20.85 | Oct 21, 2016 | M | 28,200 | D | — | Feb 28, 2023 | Common Stock | 28,200 | 18,800 | D |
Explanation of responses
- F1Grant of stock options vesting in five equal installments beginning on May 24, 2012, if certain qualifications are met
- F2Grant of stock options vesting in five equal installments beginning on February 28, 2014. The remaining option shares vest in two equal annual installments on February 28, 2017 and 2018.