Bart Caraway - 08 Nov 2024 Form 4 Insider Report for Third Coast Bancshares, Inc. (TCBX)

Role
Chairman, President and Chief Executive Officer, Director
Signature
/s/ R. John McWhorter, attorney-in-fact
Issuer symbol
TCBX
Transactions as of
08 Nov 2024
Net transactions value
-$33.66
Form type
4
Filing time
13 Nov 2024, 16:00:04 UTC
Previous filing
15 Mar 2024
Next filing
29 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBX Common Stock Options Exercise $550,000 +50,000 +72% $11.00 119,721 08 Nov 2024 Direct
transaction TCBX Common Stock Options Exercise $53,350 +4,850 +4.1% $11.00 124,571 08 Nov 2024 Direct
transaction TCBX Common Stock Options Exercise $213,950 +19,450 +16% $11.00 144,021 08 Nov 2024 Direct
transaction TCBX Common Stock Options Exercise $213,400 +19,400 +13% $11.00 163,421 08 Nov 2024 Direct
transaction TCBX Common Stock Tax liability $1,030,734 -29,374 -18% $35.09 134,047 08 Nov 2024 Direct F1
holding TCBX Common Stock 2,746 08 Nov 2024 By IRA
holding TCBX Common Stock 4,096 08 Nov 2024 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
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -50,000 -100% $0.000000 0 08 Nov 2024 Common Stock 50,000 $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -4,850 -100% $0.000000 0 08 Nov 2024 Common Stock 4,850 $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -19,450 -100% $0.000000 0 08 Nov 2024 Common Stock 19,450 $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -19,400 -100% $0.000000 0 08 Nov 2024 Common Stock 19,400 $11.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 29,374 shares withheld by the Issuer to pay the exercise price on an aggregate of 93,700 stock options that were set to expire on December 31, 2024.

Remarks:

Chairman, President and Chief Executive Officer