SEC Form 4 · accession 0001501570-19-000075
Veritex Holdings, Inc. · VBTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Kesler
Officer — Chief Lending Officer
Period of report
Jan 1, 2019
Accepted (ET)
Feb 11, 2019 · 5:57 pm EST
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 | Feb 7, 2019 | M | 11,625 | — | A | 49,249 | D | |
| Common Stock | Feb 7, 2019 | F | 2,737 | $21.38 | D | 46,512 | D | |
| Common Stock | Feb 7, 2019 | F | 84 | $22.26 | D | 46,428 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 1, 2019 | A | 5,000 | A | — | — | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 9, 2019 | A | 1,479 | A | — | — | Common Stock | 1,479 | 1,479 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 7, 2019 | M | 1,479 | D | — | — | Common Stock | 1,479 | 0 | D |
| Restricted Stock UnitsF1,F2 | — | Feb 7, 2019 | M | 5,000 | D | — | — | Common Stock | 5,000 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 7, 2019 | M | 5,146 | D | — | — | Common Stock | 5,146 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive at settlement one share of common stock of the Company.
- F2Represents restricted stock units granted to the reporting person on January 1, 2019 which immediately vested upon issuance.
- F3Represents restricted stock units granted to the reporting person on January 9, 2019 which immediately vested upon issuance.
- F4Represents restricted stock units granted to the reporting person on October 9, 2014, January 1, 2016, January 1, 2017, January 1, 2018 and January 1, 2019. In connection with the merger of Green Bancorp, Inc. into Veritex Holdings, Inc. (the "Merger"), all outstanding unvested restricted stock units were subject to accelerated vesting upon the closing of the Merger.