Bart Caraway - Nov 8, 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
Stock symbol
TCBX
Transactions as of
Nov 8, 2024
Transactions value $
-$34
Form type
4
Date filed
11/13/2024, 04:00 PM
Previous filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBX Common Stock Options Exercise $550K +50K +71.71% $11.00 120K Nov 8, 2024 Direct
transaction TCBX Common Stock Options Exercise $53.4K +4.85K +4.05% $11.00 125K Nov 8, 2024 Direct
transaction TCBX Common Stock Options Exercise $214K +19.5K +15.61% $11.00 144K Nov 8, 2024 Direct
transaction TCBX Common Stock Options Exercise $213K +19.4K +13.47% $11.00 163K Nov 8, 2024 Direct
transaction TCBX Common Stock Tax liability -$1.03M -29.4K -17.97% $35.09 134K Nov 8, 2024 Direct F1
holding TCBX Common Stock 2.75K Nov 8, 2024 By IRA
holding TCBX Common Stock 4.1K Nov 8, 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 -50K -100% $0.00 0 Nov 8, 2024 Common Stock 50K $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -4.85K -100% $0.00 0 Nov 8, 2024 Common Stock 4.85K $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -19.5K -100% $0.00 0 Nov 8, 2024 Common Stock 19.5K $11.00 Direct
transaction TCBX Employee Stock Option (right to buy) Options Exercise $0 -19.4K -100% $0.00 0 Nov 8, 2024 Common Stock 19.4K $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