C. Malcolm Holland - Jul 1, 2024 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, 2024
Transactions value $
$188,945
Form type
4
Date filed
7/2/2024, 04:10 PM
Previous filing
Feb 7, 2024
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise $312K +15K +6.98% $20.77 230K Jul 1, 2024 Direct F1
transaction VBTX Common Stock Tax liability -$123K -5.9K -2.57% $20.77 224K Jul 1, 2024 Direct F1
holding VBTX Common Stock 5.75K Jul 1, 2024 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 -11.11% $0.00 120K Jul 1, 2024 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.