C. Malcolm Holland III - 01 Jul 2022 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Signature
/s/ C. Malcolm Holland, III
Issuer symbol
VBTX
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
05 Jul 2022, 08:19:53 UTC
Previous filing
03 Jun 2022
Next filing
14 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VBTX Common Stock 154,431 01 Jul 2022 Direct F1
holding VBTX Common Stock 5,750 01 Jul 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 Award $0 +150,000 $0.000000 150,000 01 Jul 2022 Common Stock 150,000 Direct F2, F3
* 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 six years with vesting dates and percentages of (i) 10% on July 1, 2023, (ii) 10% on July 1, 2024, (iii) 10% on July 1, 2025, (iv) 20% on July 1, 2026, (v) 20% on July 1, 2027, and (vi) 30% on July 1, 2028.