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

Role
Chairman, CEO, President, Director
Signature
/s/ C. Malcolm Holland, III
Stock symbol
VBTX
Transactions as of
Feb 4, 2022
Transactions value $
-$425,128
Form type
4
Date filed
2/10/2022, 08:35 PM
Previous filing
Apr 20, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise $0 +5.68K +3.98% $0.00 148K Feb 4, 2022 Direct F1
transaction VBTX Common Stock Tax liability -$85.6K -2.12K -1.43% $40.38 146K Feb 4, 2022 Direct F1
transaction VBTX Common Stock Options Exercise $0 +22.9K +15.61% $0.00 169K Feb 4, 2022 Direct F1
transaction VBTX Common Stock Tax liability -$340K -8.54K -5.04% $39.78 161K Feb 4, 2022 Direct F1
holding VBTX Common Stock 5.75K Feb 4, 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 +5.68K +100% $0.00 11.4K Feb 4, 2022 Common Stock 5.68K Direct F2, F3
transaction VBTX Restricted Stock Units Options Exercise $0 +22.9K $0.00* 0 Feb 4, 2022 Common Stock 22.9K 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.