Adam D. Nelson - May 1, 2023 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
EVP and General Counsel
Signature
Adam D. Nelson
Stock symbol
TFIN
Transactions as of
May 1, 2023
Transactions value $
-$116,799
Form type
4
Date filed
5/3/2023, 04:38 PM
Previous filing
Feb 21, 2023
Next filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +1.46K +5.53% $0.00 27.9K May 1, 2023 Direct F1
transaction TFIN Common Stock Award $0 +5.43K +19.45% $0.00 33.3K May 1, 2023 Direct F2
transaction TFIN Common Stock Tax liability -$117K -2.28K -6.84% $51.25 31.1K May 1, 2023 Direct F3, F4

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 TFIN Employee Stock Options Award $0 +2.98K $0.00 2.98K May 1, 2023 Common Stock 2.98K $51.25 Direct F5, F6
holding TFIN Employee Stock Options 2.19K May 1, 2023 Common Stock 2.19K $69.44 Direct F5, F6
holding TFIN Employee Stock Options 1.8K May 1, 2023 Common Stock 1.8K $88.63 Direct F5, F6
holding TFIN Employee Stock Options 4.6K May 1, 2023 Common Stock 4.6K $26.25 Direct F5, F6
holding TFIN Employee Stock Options 2.53K May 1, 2023 Common Stock 2.53K $31.00 Direct F5, F6
holding TFIN Employee Stock Options 3.51K May 1, 2023 Common Stock 3.51K $38.75 Direct F5, F6
holding TFIN Employee Stock Options 5.02K May 1, 2023 Common Stock 5.02K $25.80 Direct F5, F6
holding TFIN Employee Stock Options 10.5K May 1, 2023 Common Stock 10.5K $15.87 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest on the ratably on each of the first four anniversaries of the grant date.
F2 Represents the number of shares earned upon satisfaction of performance goals in connection with performance-based restricted stock units.
F3 Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock or restricted stock unit and performance awards.
F4 Consists of (i) 28,080 shares beneficially owned by reporting person, and (ii) 2,970 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F5 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F6 Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.