Edward Joseph Schreyer - 01 May 2023 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
EVP, Chief Operating Officer
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Issuer symbol
TFIN
Transactions as of
01 May 2023
Net transactions value
-$328,718
Form type
4
Filing time
03 May 2023, 16:38:33 UTC
Previous filing
04 May 2022
Next filing
28 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +9,756 +13% $0.000000 82,635 01 May 2023 Direct F1
transaction TFIN Common Stock Tax liability $328,718 -6,414 -7.8% $51.25 76,221 01 May 2023 Direct F2, F3

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 +3,968 $0.000000 3,968 01 May 2023 Common Stock 3,968 $51.25 Direct F4, F5
* 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 forfeited to cover tax withholding obligations in connection with the vesting of restricted stock or restricted stock unit awards.
F3 Consists of (i) 25,287 shares beneficially owned by reporting person, and (ii) 50,934 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F4 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F5 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.