SEC Form 4 · accession 0001564618-16-000235
Independent Bank Group, Inc. · IBTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Torry Berntsen
Other
Period of report
Nov 22, 2016
Accepted (ET)
Nov 25, 2016 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564618
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 5, 2016 | D | 19,066 | — | D | 69,137 | D | |
| Common Stock | Nov 22, 2016 | S | 2,500 | $57.10 | D | 66,637 | D | |
| Common Stock | Nov 22, 2016 | S | 2,500 | $58.00 | D | 64,137 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1THE REPORTING PERSON FORFEITS THESE SHARES UPON TERMINATION FROM THE COMPANY. THESE SHARES WERE PREVIOUSLY GRANTED UNDER THE ISSUER'S 2013 EQUITY INCENTIVE PLAN AND REPRESENT THE UNVESTED PORTION OF THE TOTAL GRANTED SHARES AT TIME OF FORFEITURE.
- F2THE REPORTING PERSON'S SALE OF 2,500 SHARES OF IBTX COMMON STOCK REPORTED HEREIN WAS MATCHABLE UNDER SECTION 16(b) OF THE SECURITIES EXCHANGE ACT OF 1934, TO THE EXTENT OF 450 SHARES, WITH THE REPORTING PURCHASE OF 200, 100, AND 150 SHARES OF IBTX COMMON STOCK AT A PRICE OF $40.6883, $39.727 AND $39.3199 PER SHARE ON JUNE 10, 2016, JUNE 24, 2016 AND JUNE 28, 2016, RESPECTIVELY. THE REPORTING PERSON HAS AGREED TO PAY IBTX, UPON SETTLEMENT OF THE SALE, $8,091.66, REPRESENTING THE FULL AMOUNT OF THE PROFIT REALIZED IN CONNECTION WITH THE SHORT SWING TRANSAcTION, LESS TRANSACTION COSTS.