Triumph Bancorp, Inc. 4
4 · Triumph Bancorp, Inc. · Filed Apr 5, 2016
Insider Transaction Report
Form 4
KRATZ DOUGLAS M
Director
Transactions
- Award
Common Stock
2016-04-01+1,260→ 141,403 total
Holdings
- 7,798(indirect: By wells Fargo Bank NA FBO reporting)
Common Stock
- 141,057
Series B Preferred Stock
→ Common Stock (141,057 underlying)
Footnotes (4)
- [F1]Represents shares of common stock of Issuer granted to the reporting person under Issuer's 2014 Omnibus Incentive Plan. All of such shares were fully vested as of the date of grant.
- [F2]Consists of (i) 140,415 shares of common stock of Issuer directly held by reporting person, and (ii) 988 shares of restricted stock of the reporting person subject to future time vesting requirements.
- [F3]These 7,798 shares of common stock of Issuer are held for the benefit of reporting person by Wells Fargo Bank, National Association, pursuant to a holdback escrow agreement entered into in connection with Issuer's acquisition of Triumph Community Bank in October 2013.
- [F4]Reporting person has the right to acquire 141,057 shares of common stock of Issuer through the conversion of 20,325 shares of Series B Convertible Preferred Stock at a conversion rate of 6.94008 shares of common stock for every one share of Series B Preferred Stock. Such conversion may be effected at any time while such preferred shares are outstanding.