Terry Earley - 01 Jul 2024 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Signature
/s/ C. Malcolm Holland, III
Issuer symbol
VBTX
Transactions as of
01 Jul 2024
Net transactions value
+$392,802
Form type
4
Filing time
02 Jul 2024, 16:10:02 UTC
Previous filing
07 Feb 2024
Next filing
07 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise $519,250 +25,000 +26% $20.77 119,435 01 Jul 2024 Direct
transaction VBTX Common Stock Tax liability $126,448 -6,088 -5.1% $20.77 113,347 01 Jul 2024 Direct
holding VBTX Common Stock 8,286 01 Jul 2024 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 -25,000 -29% $0.000000 60,000 01 Jul 2024 Common Stock 25,000 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.