Gail Lehmann - 25 Oct 2021 Form 4 Insider Report for Triumph Bancorp, Inc. (TFIN)

Role
EVP and Secretary
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Issuer symbol
TFIN
Transactions as of
25 Oct 2021
Net transactions value
-$799,938
Form type
4
Filing time
27 Oct 2021, 16:00:18 UTC
Previous filing
04 Jun 2021
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Options Exercise $113,883 +7,176 +24% $15.87 36,656 25 Oct 2021 Direct
transaction TFIN Common Stock Options Exercise $19,118 +741 +2% $25.80 37,397 25 Oct 2021 Direct
transaction TFIN Common Stock Sale $932,939 -7,917 -21% $117.84 29,480 25 Oct 2021 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
transaction TFIN Employee Stock Options Options Exercise $0 -7,176 -100% $0.000000* 0 25 Oct 2021 Common Stock 7,176 $15.87 Direct F3, F4
transaction TFIN Employee Stock Options Options Exercise $0 -741 -14% $0.000000 4,382 25 Oct 2021 Common Stock 5,123 $25.80 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in column 4 represents the weighted average sale price. Reporting person will provide, upon request by the commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Consists of (i) 26,596 shares of common stock beneficially owned by reporting person, and (ii) 2,884 shares of restricted stock of the reporting person subject to future time vesting requirements.
F3 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F4 Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.