Viola Michael T. - 01 Jan 2025 Form 4 Insider Report for Independent Bank Group, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jan 2025, 11:17:48 UTC
Prior SEC filing
03 Jul 2024
Next SEC filing
03 Jul 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Haynie, As Attorney in Fact

Key filing fact

Viola Michael T. filed Form 4 for Independent Bank Group, Inc. on 03 Jan 2025.

Key facts

  • This page summarizes Viola Michael T.'s Form 4 filing for Independent Bank Group, Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Jan 2025, 11:17.

Change

  • Previous filing in this sequence was filed on 03 Jul 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IBTX transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-31,922
Change %
-100%
Price
Shares after
0
Date
01 Jan 2025
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Viola Michael T. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Merger Agreement, each share of Independent Common Stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.60 shares of common stock, par value $2.50 per share, of SouthState (SouthState Common Stock). Shares reported include restricted stock awards. Pursuant to the Merger Agreement, each outstanding restricted stock award was fully vested, cancelled and converted into the right to receive SouthState Common Stock equal to the product (rounded to the nearest whole number) of (i) the number of Independent Common Stock subject to such restricted stock award immediately prior to the effective time of the Merger multiplied by (ii) 0.60. On December 31, 2024 (the day prior to the Merger), the closing price of one share of SouthState Common stock was $99.48.

SEC remarks

On January 1, 2025, pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated May 17, 2024, by and between Independent Bank Group, Inc. (Independent) and SouthState Corporation (SouthState), Independent merged with and into SouthState (the Merger).

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