C. Malcolm Holland - Jul 1, 2023 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: Jul 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/5/2023, 06:01 PM
Previous filing: Mar 2, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VBTX	Common Stock	Options Exercise	$0	+15K	+8.47%	$0.00	192K	Jul 1, 2023	Direct	F1
transaction	VBTX	Common Stock	Tax liability	$0	-5.9K	-3.07%	$0.00	186K	Jul 1, 2023	Direct	F1
holding	VBTX	Common Stock						5.75K	Jul 1, 2023	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	-15K	-10%	$0.00	135K	Jul 1, 2023	Common Stock	15K		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.