Gail Lehmann - 01 May 2022 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
01 May 2022
Net transactions value
-$117,631
Form type
4
Filing time
04 May 2022, 16:36:47 UTC
Previous filing
27 Oct 2021
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +1,080 +3.7% $0.000000 30,560 01 May 2022 Direct F1
transaction TFIN Common Stock Award $0 +3,358 +11% $0.000000 33,918 01 May 2022 Direct F2
transaction TFIN Common Stock Tax liability $117,631 -1,694 -5% $69.44 32,224 01 May 2022 Direct F3, F4

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 Award $0 +2,332 $0.000000 2,332 01 May 2022 Common Stock 2,332 $69.44 Direct F5, F6
holding TFIN Employee Stock Options 1,908 01 May 2022 Common Stock 1,908 $88.63 Direct F5, F6
holding TFIN Employee Stock Options 3,945 01 May 2022 Common Stock 5,259 $26.25 Direct F5, F6
holding TFIN Employee Stock Options 1,483 01 May 2022 Common Stock 2,966 $31.00 Direct F5, F6
holding TFIN Employee Stock Options 910 01 May 2022 Common Stock 1,820 $38.75 Direct F5, F6
holding TFIN Employee Stock Options 3,842 01 May 2022 Common Stock 4,382 $25.80 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest on the ratably on each of the first four anniversaries of the grant date.
F2 Represents the number of shares earned upon satisfaction of performance goals in connection with performance-based restricted stock units.
F3 Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock and performance awards.
F4 Consists of (i) 29,444 shares beneficially owned by reporting person, and (ii) 2,780 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F5 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F6 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.