Aaron P. Graft - May 1, 2023 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
President & CEO, Director
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Stock symbol
TFIN
Transactions as of
May 1, 2023
Transactions value $
-$248,768
Form type
4
Date filed
5/3/2023, 04:39 PM
Previous filing
Feb 21, 2023
Next filing
Sep 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +7.78K +3.37% $0.00 239K May 1, 2023 Direct F1
transaction TFIN Common Stock Award $0 +11.5K +4.83% $0.00 250K May 1, 2023 Direct F2
transaction TFIN Common Stock Tax liability -$249K -4.85K -1.94% $51.25 246K May 1, 2023 Direct F3, F4
holding TFIN Common Stock 3.32K May 1, 2023 By Spouse F5

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 +15.8K $0.00 15.8K May 1, 2023 Common Stock 15.8K $51.25 Direct F6, F7
holding TFIN Employee Stock Options 10.9K May 1, 2023 Common Stock 10.9K $69.44 Direct F6, F7
holding TFIN Employee Stock Options 8.27K May 1, 2023 Common Stock 8.27K $88.63 Direct F6, F7
holding TFIN Employee Stock Options 9.77K May 1, 2023 Common Stock 9.77K $26.25 Direct F6, F7
holding TFIN Employee Stock Options 7.1K May 1, 2023 Common Stock 7.1K $31.00 Direct F6, F7
holding TFIN Employee Stock Options 9.74K May 1, 2023 Common Stock 9.74K $38.75 Direct F6, F7
holding TFIN Employee Stock Options 11.9K May 1, 2023 Common Stock 11.9K $25.80 Direct F6, F7
* 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) 231,525 shares beneficially owned by reporting person, and (ii) 14,035 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F5 3,315 shares indirectly owned through reporting person's spouse, by Goldman Sachs custodian FBO Kimberly Graft Roth IRA.
F6 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F7 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.