Terry Earley - 01 Jan 2022 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Signature
/s/ C. Malcolm Holland
Issuer symbol
VBTX
Transactions as of
01 Jan 2022
Net transactions value
-$152,596
Form type
4
Filing time
04 Jan 2022, 20:23:06 UTC
Previous filing
10 Nov 2021
Next filing
20 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise +15,000 +29% 65,890 01 Jan 2022 Direct F1
transaction VBTX Common Stock Tax liability $152,596 -3,836 -5.8% $39.78 62,054 01 Jan 2022 Direct
holding VBTX Common Stock 6,800 01 Jan 2022 By Terry S Early - Individual Retirement Account

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 VBTX Restricted Stock Units Options Exercise $0 -15,000 -100% $0.000000* 0 01 Jan 2022 Common Stock 15,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive at settlement one share of common stock of the Company.
F2 In a transaction approved by the committee of the board of directors of the Company, on January 1, 2019, the reporting person was granted 45,000 RSUs subject to shareholder approval. The RSUs vest in three equal annual installments beginning January 1, 2020. On May 21, 2019, the RSUs granted to the reporting person received shareholder approval.