SEC Form 4 · accession 0001209191-18-027668
Triumph Financial, Inc. · TFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron P Graft
Officer — President & CEO · Director
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:49 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 StockF1,F2 | May 1, 2018 | A | 3,323 | $0.00 | A | 480,291 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF3,F4 | $38.75 | May 1, 2018 | A | 9,739 | A | — | May 1, 2028 | Common Stock | 9,739 | 9,739 | D |
| Employee Stock OptionsF3,F4 | $25.80 | holding | — | — | — | — | Apr 1, 2027 | Common Stock | 11,883 | 11,883 | D |
| Employee Stock OptionsF3,F4 | $15.87 | holding | — | — | — | — | Apr 1, 2026 | Common Stock | 16,434 | 16,434 | D |
Explanation of responses
- F1Represents shares of restricted common stock of Issuer granted to the reporting person under Issuer's 2014 Omnibus Incentive Plan. One fourth (rounded down to the nearest whole share, as applicable) of such shares shall vest on each of the first four anniversaries of the date of grant.
- F2Consists of (i) 470,928 shares beneficially owned by reporting person, and (ii) 9,363 shares of restricted stock of the reporting person subject to future time vesting requirements.
- F3Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
- F4Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.