SEC Form 4 · accession 0001209191-17-060874
Triumph Financial, Inc. · TFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Loren Davis
Director
Period of report
Nov 9, 2017
Accepted (ET)
Nov 15, 2017 · 4:15 pm EST
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 StockF1,F2 | Nov 9, 2017 | G | 2,569 | $0.00 | D | 62,495 | D | |
| Common StockF3,F4 | Nov 13, 2017 | J | 6,505 | — | A | 69,000 | D | |
| Common StockF3,F5 | Nov 13, 2017 | J | 9,764 | — | A | 75,979 | I | By Rick Davis 2006 Family Trust |
| Common StockF3,F6 | Nov 13, 2017 | J | 9,764 | — | A | 75,979 | I | By Sheree Davis 2006 Children's Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a bone fide gift to the Rick & Sheree Davis Family Foundation, a 501(c)(3) charitable organization.
- F2Consists of (i) 17,571 shares beneficially owned by reporting person, (ii) 44,429 shares of common stock held jointly with reporting person's spouse, Sheree Davis, and (iii) 495 shares of restricted stock of the reporting person subject to future time vesting requirements.
- F3Shares were distributed to the reporting person as the ultimate recipient of a distribution made by Triumph Consolidated Cos., LLC, under the terms of its operating agreement. See Footnote 1 to "Security Ownership of Certain Beneficial Owners and Management" of Issuer's most recent proxy statement on Form 14-A filed with the Securities and Exchange Commission on March 24, 2017.
- F4Consists of (i) 17,571 shares beneficially owned by reporting person, (ii) 50,934 shares of common stock held jointly with reporting person's spouse, Sheree Davis, and (iii) 495 shares of restricted stock of the reporting person subject to future time vesting requirements.
- F5These 75,979 shares are beneficially owned by reporting person as trustee of the Rick Davis 2006 Family Trust. Reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6These 75,979 shares are beneficially owned by reporting person as trustee of the Sheree Davis 2006 Children's Trust. Reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.