John W. Cummings - 11 May 2023 Form 4 Insider Report for TEXAS CAPITAL BANCSHARES INC/TX (TCBI)

Role
Chief Administrative Officer
Signature
Mary Helen Hall, attorney-in-fact
Issuer symbol
TCBI
Transactions as of
11 May 2023
Net transactions value
+$49,473
Form type
4
Filing time
15 May 2023, 16:23:56 UTC
Previous filing
10 Feb 2023
Next filing
02 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBI Common Stock Purchase $49,473 +1,110 +92% $44.57 2,323 11 May 2023 Direct F1, F2

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 TCBI Restricted Stock Units 0 11 May 2023 Common Stock 3,450 $0.000000 Direct F3, F4
holding TCBI Restricted Stock Units 0 11 May 2023 Common Stock 3,919 $0.000000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stated price represents the average based on prices ranging from $44.20 to $44.61. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
F2 Beneficial ownership has been adjusted by 7,369 shares representing underlying RSUs previously included in Table I that will, going forward, be reflected in Table II as derivative securities.
F3 The restricted stock units were granted on February 1, 2022 vest in three equal annual installments beginning February 1, 2023.
F4 N/A
F5 The restricted stock units were granted on February 9, 2023 and vest in three equal annual installments beginning February 9, 2024.