BRIAN K. MCCABE - 17 May 2021 Form 4 Insider Report for SOUTHSIDE BANCSHARES INC (SBSI)

Role
COO
Signature
Lindsey Bibby Bailes, attorney in fact
Issuer symbol
SBSI
Transactions as of
17 May 2021
Net transactions value
-$54,344
Form type
4
Filing time
18 May 2021, 15:31:05 UTC
Next filing
07 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBSI Common Stock Options Exercise $61,341 +2,681 +17% $22.88 18,194 17 May 2021 Direct
transaction SBSI Common Stock Sale $115,685 -2,681 -15% $43.15 15,513 17 May 2021 Direct
holding SBSI Common Stock 12,071 17 May 2021 By ESOP
holding SBSI Common Stock 7,226 17 May 2021 401k SSB Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBSI Employee Stock Option / (Right to Buy) Options Exercise $0 -2,681 -100% $0.000000* 0 17 May 2021 Common Stock 2,681 $22.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options were granted on 12/5/2013 and vested in four equal annual installments, with the first vesting on 12/5/2014.