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

Role
Chief Financial Officer
Signature
/s/ C. Malcolm Holland
Stock symbol
VBTX
Transactions as of
Feb 4, 2022
Transactions value $
-$125,476
Form type
4
Date filed
2/10/2022, 08:34 PM
Previous filing
Apr 20, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise +6.09K +9.82% 68.1K Feb 4, 2022 Direct F1
transaction VBTX Common Stock Tax liability -$95.4K -2.4K -3.52% $39.78 65.8K Feb 4, 2022 Direct
transaction VBTX Common Stock Options Exercise +1.9K +2.89% 67.6K Feb 4, 2022 Direct F2
transaction VBTX Common Stock Tax liability -$30.1K -746 -1.1% $40.38 66.9K Feb 4, 2022 Direct
holding VBTX Common Stock 6.8K Feb 4, 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 Unit Options Exercise $0 +6.09K $0.00* 0 Feb 4, 2022 Common Stock 6.09K Direct F1, F2
transaction VBTX Restricted Stock Units Options Exercise $0 +1.9K +99.95% $0.00 3.8K Feb 4, 2022 Common Stock 1.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive at settlement one share of common stock of the Company.
F2 On January 1, 2019, the reporting person was granted an award of 6,094 restricted stock units subject to certain terms and conditions that was not required to be reported. The number of restricted stock units eligible for vesting was based on certain performance objectives and market conditions as of December 31, 2021 and determined on January 1, 2022. The performance objectives and market conditions were met for the period, resulting in the eligibility for vesting of all 6,094 restricted stock units.
F3 The restricted stock units are subject to graded vesting over three years with vesting dates of February 1, 2022, February 1, 2023 and February 1, 2024.