CARA McDANIEL - 01 Feb 2022 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Role
Chief Talent Officer
Signature
C. Malcolm Holland
Issuer symbol
VBTX
Transactions as of
01 Feb 2022
Net transactions value
-$34,889
Form type
4
Filing time
27 Mar 2023, 18:32:29 UTC
Previous filing
23 Jun 2021
Next filing
03 Mar 2023
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 +3,333 +51% $0.000000 9,853 15 Jun 2022 Direct
transaction VBTX Common Stock Tax liability $25,117 -811 -8.2% $30.97 9,042 15 Jun 2022 Direct
transaction VBTX Common Stock Options Exercise $0 +994 +11% $0.000000 10,036 01 Feb 2022 Direct
transaction VBTX Common Stock Tax liability $9,772 -242 -2.4% $40.38 9,794 01 Feb 2022 Direct

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 +3,333 +333300% $0.000000 3,334 15 Jun 2022 Common Stock 3,333 Direct F1, F2
transaction VBTX Restricted Stock Unit Options Exercise $0 +994 $0.000000 994 01 Feb 2022 Common Stock 994 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive at settlement one share of common stock of the Company.
F2 The restricted stock units are subject to graded vesting over three years the vesting dates of February 1, 2022, February 1, 2023, and February 1, 2024.