Aaron P. Graft - 28 Oct 2021 Form 4 Insider Report for Triumph Bancorp, Inc. (TFIN)

Role: President & CEO, Director
Signature: /s/ Adam D. Nelson, Attorney-in-fact
Issuer symbol: TFIN
Transactions as of: 28 Oct 2021
Net transactions value: -$1,860,000
Form type: 4
Filing time: 01 Nov 2021, 16:00:12 UTC
Previous filing: 07 May 2021
Next filing: 03 Feb 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	$260,808	+16,434	+6.9%	$15.87	255,503	28 Oct 2021	Direct
transaction	TFIN	Common Stock	Sale	$1,860,000	-16,434	-6.4%	$113.18	239,069	28 Oct 2021	Direct	F1, F2
holding	TFIN	Common Stock						3,315	28 Oct 2021	By Spouse	F3

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	$260,808	-16,434	-100%	$15.87	0	28 Oct 2021	Common Stock	16,434	$15.87	Direct	F4, F5

* 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 shall 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) 231,318 shares beneficially owned by reporting person, and (ii) 7,751 shares of restricted stock of the reporting person subject to future vesting requirements.
F3	3,315 shares indirectly owned through reporting person's spouse, by Goldman Sachs custodian FBO Kimberly Graft Roth IRA.
F4	Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F5	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.