LILLY THOMAS M 4
4 · TRINITY CAPITAL CORP · Filed Mar 7, 2019
Insider Transaction Report
Form 4
LILLY THOMAS M
Chief Credit Officer
Transactions
- Tax Payment
Voting commons tock
2018-04-26$7.75/sh−926$7,177→ 42,830 total - Tax Payment
Voting common stock
2019-02-23$10.85/sh−1,032$11,197→ 41,798 total - Award
Voting common stock
2019-03-08+25,000→ 66,798 total - Tax Payment
Voting common stock
2019-03-08$10.76/sh−16,488$177,411→ 50,310 total - Disposition to Issuer
Voting common stock
2019-03-08−50,310→ 0 total
Footnotes (5)
- [F1]Reflects the number of shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person in connection with the settlement of restricted stock units previously granted to the Reporting Person. The amount of shares of common stock withheld is based on the closing price on April 26, 2018. This transaction is being filed late due to inadvertent administrative error.
- [F2]Reflects the number of shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person in connection with the settlement of restricted stock units previously granted to the Reporting Person. The amount of shares of common stock withheld is based on the closing price on February 22, 2019. This transaction is being filed late due to inadvertent administrative error.
- [F3]Represents the acquisition of 25,000 shares of common stock underlying performance-based restricted stock units that were accelerated and fully vested in accordance with the terms of the Merger Agreement (defined below).
- [F4]Reflects the number of shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person in connection with the settlement of restricted stock units previously granted to the Reporting Person. The amount of shares of common stock withheld is based on the closing price on March 5, 2019.
- [F5]Pursuant to the Merger Agreement, upon closing of the merger, each share of common stock of the Issuer was converted into the right to receive $1.84 in cash and 0.1972 shares of EFSC (as defined below) common stock (together, the "Per Share Amount"), which fractional shares being paid in cash as provided in the Merger Agreement. The market value of the Per Share Amount is $10.33 per share, based on the trading price of EFSC common stock as of the end of trading on March 7, 2019.