C. Malcolm Holland III - 01 Jul 2024 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Role: Chairman, CEO, President, Director
Signature: /s/ C. Malcolm Holland, III
Issuer symbol: VBTX
Transactions as of: 01 Jul 2024
Net transactions value: +$188,945
Form type: 4
Filing time: 02 Jul 2024, 16:10:15 UTC
Previous filing: 07 Feb 2024
Next filing: 04 Nov 2024
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	$311,550	+15,000	+7%	$20.77	230,035	01 Jul 2024	Direct	F1
transaction	VBTX	Common Stock	Tax liability	$122,605	-5,903	-2.6%	$20.77	224,132	01 Jul 2024	Direct	F1
holding	VBTX	Common Stock						5,750	01 Jul 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	-15,000	-11%	$0.000000	120,000	01 Jul 2024	Common Stock	15,000		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.