Terry Earley - 04 Feb 2022 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Role
Chief Financial Officer
Signature
/s/ C. Malcolm Holland
Issuer symbol
VBTX
Transactions as of
04 Feb 2022
Net transactions value
-$125,476
Form type
4
Filing time
10 Feb 2022, 20:34:50 UTC
Previous filing
20 Apr 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise +6,094 +9.8% 68,148 04 Feb 2022 Direct F1
transaction VBTX Common Stock Tax liability $95,353 -2,397 -3.5% $39.78 65,751 04 Feb 2022 Direct
transaction VBTX Common Stock Options Exercise +1,897 +2.9% 67,648 04 Feb 2022 Direct F2
transaction VBTX Common Stock Tax liability $30,123 -746 -1.1% $40.38 66,902 04 Feb 2022 Direct
holding VBTX Common Stock 6,800 04 Feb 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 +6,094 $0.000000* 0 04 Feb 2022 Common Stock 6,094 Direct F1, F2
transaction VBTX Restricted Stock Units Options Exercise $0 +1,897 +100% $0.000000 3,795 04 Feb 2022 Common Stock 1,897 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.