SEC Form 4 · accession 0001209191-15-032363

Triumph Financial, Inc. · TFIN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Apr 1, 2015

Accepted (ET)

Apr 3, 2015 · 4:58 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001539638

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Apr 1, 2015	A	1,481	$0.00	A	140,143	D
Common Stock^F3	holding	—	—		—	7,798	I	By Wells Fargo Bank NA FBO reporting

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Preferred Stock^F4	—	holding	—	—	—	—	—	Common Stock	141,057	141,057	D

F1Represents 1,481 shares of restricted common stock of Issuer granted to the reporting person under Issuer's 2014 Omnibus Incentive Plan. Of such shares, 493 shares will vest on the first anniversary of the date of grant (04/01/2016), 493 shares will vest on the second anniversary of the date of grant (04/01/2017), and 495 shares will vest on the third anniversary of the date of grant (04/01/2018).
F2Consists of (i) 138,662 shares of common stock of Issuer directly held by reporting person, and (ii) 1,481 unvested shares of restricted common stock of Issuer which will vest as described in footnote (1) above.
F3These 7,798 shares of common stock of Issuer are held for the benefit of reporting person by Wells Fargo Bank, National Association, pursuant to a holdback escrow agreement entered into in connection with issuer's acquisition of Triumph Community Bank in October 2013.
F4Reporting person has the right to acquire 141,057 shares of common stock of Issuer through the conversion of 20,325 shares of Series B Convertible Preferred Stock at a conversion rate of 6.94008 shares of common stock for every one share of Series B Preferred Stock. Such conversion may be effected at any time while such preferred shares are outstanding.