James P. Tippit - Dec 3, 2024 Form 4 Insider Report for Independent Bank Group, Inc. (IBTX)

Role: EVP, Corporate Responsibility
Signature: /s/ Mark Haynie, As Attorney in Fact
Stock symbol: IBTX
Transactions as of: Dec 3, 2024
Transactions value $: -$92,988
Form type: 4
Date filed: 12/5/2024, 05:44 PM
Previous filing: Jul 18, 2024
Next filing: Jan 3, 2025

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBTX	Common Stock	Award		+5.7K	+25.41%		28.2K	Dec 3, 2024	Direct	F1
transaction	IBTX	Common Stock	Tax liability	-$93K	-1.39K	-4.94%	$66.85	26.8K	Dec 3, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the accelerated vesting of performance-based restricted stock unit awards that were scheduled to vest in 2025, 2026 and 2027 and that otherwise would have vested upon the closing of the transactions contemplated by the Agreement and Plan of Merger, dated May 17, 2024, by and between SouthState Corporation and the Company (the Merger Agreement), for the purpose of mitigating potential adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the consummation of the transactions contemplated by the Merger Agreement.
F2	Withholding of shares of common stock to satisfy tax withholding obligations in connection with the settlement of the performance-based restricted stock unit awards as referenced in footnote 1.

Content

Reflects the accelerated vesting of performance-based restricted stock unit awards that were scheduled to vest in 2025, 2026 and 2027 and that otherwise would have vested upon the closing of the transactions contemplated by the Agreement and Plan of Merger, dated May 17, 2024, by and between SouthState Corporation and the Company (the Merger Agreement), for the purpose of mitigating potential adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the consummation of the transactions contemplated by the Merger Agreement.

Withholding of shares of common stock to satisfy tax withholding obligations in connection with the settlement of the performance-based restricted stock unit awards as referenced in footnote 1.