C. Malcolm Holland III - 04 Feb 2022 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Role
Chairman, CEO, President, Director
Signature
/s/ C. Malcolm Holland, III
Issuer symbol
VBTX
Transactions as of
04 Feb 2022
Net transactions value
-$425,128
Form type
4
Filing time
10 Feb 2022, 20:35:21 UTC
Previous filing
20 Apr 2022
Next filing
05 May 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 $0 +5,677 +4% $0.000000 148,482 04 Feb 2022 Direct F1
transaction VBTX Common Stock Tax liability $85,606 -2,120 -1.4% $40.38 146,362 04 Feb 2022 Direct F1
transaction VBTX Common Stock Options Exercise $0 +22,854 +16% $0.000000 169,216 04 Feb 2022 Direct F1
transaction VBTX Common Stock Tax liability $339,522 -8,535 -5% $39.78 160,681 04 Feb 2022 Direct F1
holding VBTX Common Stock 5,750 04 Feb 2022 By The Holland III FLP

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 +5,677 +100% $0.000000 11,354 04 Feb 2022 Common Stock 5,677 Direct F2, F3
transaction VBTX Restricted Stock Units Options Exercise $0 +22,854 $0.000000* 0 04 Feb 2022 Common Stock 22,854 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 10,000 of these shares are held in the name of Pershing LLC, as custodian for Mr. Holland's personal IRA.
F2 Each restricted stock unit represents a right to receive at settlement one share of common stock of the Company.
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.
F4 On January 1, 2019, the reporting person was granted an award of 22,854 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 22,854 restricted stock units.