Terry Earley - 01 Jul 2023 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Signature
/s/ C. Malcolm Holland, III
Issuer symbol
VBTX
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
4
Filing time
05 Jul 2023, 18:02:25 UTC
Previous filing
02 Mar 2023
Next filing
28 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise $0 +15,000 +20% $0.000000 88,668 01 Jul 2023 Direct
transaction VBTX Common Stock Disposed to Issuer $0 -3,653 -4.1% $0.000000 85,015 01 Jul 2023 Direct
holding VBTX Common Stock 7,980 01 Jul 2023 By Terry S Early - Individual Retirement Account

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 -15,000 -15% $0.000000 85,000 01 Jul 2023 Common Stock 15,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a right to receive a settlement on share of common stock of the Company.
F2 The restricted stock units are subject to graded vesting over three and one-half years with vesting dates and percentages of (1) 15% on July 1, 2023, (ii) 25% on July 1, 2024, (iii) 25% on July 1, 2025, and (iv) 35% on December 31, 2025.