Richard J. Mcwhorter - 08 Nov 2021 Form 3 Insider Report for Third Coast Bancshares, Inc. (TCBX)

Role
Chief Financial Officer
Signature
/s/ Richard J. McWhorter
Issuer symbol
TCBX
Transactions as of
08 Nov 2021
Net transactions value
$0
Form type
3
Filing time
08 Nov 2021, 20:17:33 UTC
Next filing
16 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TCBX Common Stock 79,297 08 Nov 2021 Direct F1
holding TCBX Common Stock 55,538 08 Nov 2021 By IRA
holding TCBX Common Stock 61,343 08 Nov 2021 By Richard and Amy McWhorter Management Trust
holding TCBX Common Stock 2,282 08 Nov 2021 By ESOP

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
holding TCBX Employee Stock Option (right to buy) 08 Nov 2021 Common Stock 400 $13.00 Direct
holding TCBX Employee Stock Option (right to buy) 08 Nov 2021 Common Stock 800 $16.00 Direct F2
holding TCBX Employee Stock Option (right to buy) 08 Nov 2021 Common Stock 12,000 $16.30 Direct F3
holding TCBX Employee Stock Option (right to buy) 08 Nov 2021 Common Stock 1,600 $16.78 Direct F4
holding TCBX Employee Stock Option (right to buy) 08 Nov 2021 Common Stock 1,000 $16.43 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,750 shares of restricted stock that will vest in equal increments on an annual basis over a three-year period beginning on November 8, 2022.
F2 The option vests in two equal annual installments beginning on February 1, 2022.
F3 The option vests in three equal annual installments beginning on January 1, 2022.
F4 The option vests in four equal annual installments beginning on January 1, 2022.
F5 The option vests in five equal annual installments beginning on January 1, 2022.

Remarks:

Exhibit 24 - Power of Attorney