SEC Form 4 · accession 0001209191-17-060912
Triumph Financial, Inc. · TFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Todd Sparks
Director
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 4:35 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 13, 2017 | J | 28,520 | — | A | 272,119 | I | By SBS Equity, LLC |
| Common StockF3 | holding | — | — | — | 46,034 | D | ||
| Common Stock | holding | — | — | — | 8,000 | I | By Sparco Market Fund |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares 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.
- F2Reporting person exercises voting and dispositive control over these shares and disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest.
- F3Consists of (i) 45,539 shares beneficially owned by reporting person, and (ii) 495 shares of restricted stock of the reporting person subject to future vesting requirements.
Remarks
Excludes 17,271 shares previously reported in Table I as indirectly owned by the reporting person that are owned by The Sparks Foundation, Inc., a charitable foundation, and in which the Reporting person does not have any pecuniary interest.