BUTTERY DANNY L 4

4 · TEXAS REGIONAL BANCSHARES INC · Filed Feb 14, 2005

Form 4

Period: 2005-02-14

Branch President

Transactions

Award
Class A Common Stock
2005-02-10$31.52/sh+241.072$7,599→ 68,247.029 total(indirect: By Trust)
Award
Class A Common Stock
2004-12-31$32.36/sh+84.779$2,743→ 68,005.957 total(indirect: By Trust)

Holdings

Incentive Stock Option (right to buy)
Exercise: $27.35Exp: 2014-04-15→ Class A Common Stock (3,000 underlying)
7,726
Nonstatutory Stock Option (right to buy)
Exercise: $18.85Exp: 2012-05-31→ Class A Common Stock (1,238 underlying)
2,476
Incentive Stock Option (right to buy)
Exercise: $18.85Exp: 2012-05-31→ Class A Common Stock (1,238 underlying)
1,238
Class A Common Stock
30,735
Nonstatutory Stock Option (right to buy)
Exercise: $27.35Exp: 2014-04-15→ Class A Common Stock (3,000 underlying)
10,726
Incentive Stock Option (right to buy)
Exercise: $23.70Exp: 2012-05-31→ Class A Common Stock (2,250 underlying)
4,726

Footnotes (4)

[F1]The amount represents shares allocated to my account as a participant in the Texas Regional Bancshares, Inc. Amended and Restated Employee Stock Ownership Plan (the "ESOP").
[F2]25% of the options become exercisable on August 1st of each year beginning August 1, 2002, contingent upon continued employment.
[F3]25% of the options become exercisable on August 1st of each year beginning August 1, 2003, contingent upon continued employment.
[F4]20% of the options become exercisable on August 1st of each year beginning August 1, 2004, contingent upon continued employment.

Documents

1 file