A. William Schenck III - 25 May 2022 Form 4 Insider Report for TriState Capital Holdings, Inc.

Role
VICE CHAIRMAN, Director
Signature
/s/ Keevican Weiss & Bauerle LLC by James Bauerle, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
25 May 2022
Net transactions value
$0
Form type
4
Filing time
02 Jun 2022, 14:32:09 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSC Common Stock Disposed to Issuer -8,700 -100% 0 01 Jun 2022 Direct F1, F2
transaction TSC Common Stock Disposed to Issuer -400 -100% 0 01 Jun 2022 Direct F1, F3
transaction TSC Common Stock Disposed to Issuer -125 -100% 0 01 Jun 2022 Direct F1
transaction TSC Common Stock Disposed to Issuer -100,000 -100% 0 01 Jun 2022 BY THE A. WILLIAM SCHENCK III REVOCABLE TRUST F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

A. William Schenck III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of upon completion of the merger (the "Merger") of Macaroon One LLC, a wholly owned subsidiary of Raymond James Financial, Inc. ("RJF"), with and into the Issuer, effective June 1, 2022. Pursuant to the Agreement and Plan of Merger, dated as of October 20, 2021, by and among the Issuer, RJF, Macaroon One LLC and Macaroon Two LLC (the "Merger Agreement"), upon completion of the Merger, each outstanding share of the Issuer's common stock was converted into the right to receive 0.25 shares of RJF common stock and $6.00 in cash. The closing price per share of RJF common stock on May 31, 2022, the last trading day prior to completion of the Merger, was $98.49.
F2 Shares held jointly of record by the Reporting Person and his spouse.
F3 The Reporting Person holds the shares as custodian for the benefit of his four grandchildren.
F4 The Reporting Person serves as the trustee for this trust, which owns a total of 100,000 shares of the Issuer's common stock.