SEC Form 4 · accession 0001501570-18-000072
Veritex Holdings, Inc. · VBTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
LaVonda Renfro
Officer — Chief Administrative Officer
Period of report
Mar 21, 2018
Accepted (ET)
Mar 21, 2018 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001501570
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 21, 2018 | M | 168 | $0.00 | A | 5,226 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 1, 2018, vested restricted stock units were settled through the delivery of 2,088 shares of common stock. Of the shares settled, 681 shares were disposed of due to the reporting person electing to withhold the shares for federal income tax purposes, which was calculated utilizing the 2017 tax rate and withholding tables. As a result of the enactment of the Tax Cut and Jobs Act in December 2017, which resulted in changes to the 2018 tax rates and withholding tables, it was determined that the number of shares needing to be disposed for federal income tax purposes was over-calculated. Therefore, on March 21, 2018, the Company delivered additional shares to the reporting person in the amount reported as acquired herein, which represents the difference between the shares previously withheld and the amount required to be withheld under the new tax rate under the Tax Cuts and Jobs Act.