BUTTERY DANNY L 4
4 · TEXAS REGIONAL BANCSHARES INC · Filed Jun 10, 2005
Insider Transaction Report
Form 4
BUTTERY DANNY L
Branch President
Transactions
- Award
Class A Common Stock
2005-05-19$27.47/sh+248.472$6,826→ 68,495.501 total(indirect: By Trust) - Sale
Class A Common Stock
2005-06-09$28.25/sh−2,000$56,500→ 28,735 total
Holdings
- 12,726
Incentive Stock Option (right to buy)
Exercise: $27.46Exp: 2015-04-15→ Class A Common Stock (2,000 underlying) - 7,726
Incentive Stock Option (right to buy)
Exercise: $27.35Exp: 2014-04-15→ Class A Common Stock (3,000 underlying) - 1,238
Incentive Stock Option (right to buy)
Exercise: $18.85From: 2005-08-01Exp: 2012-05-31→ Class A Common Stock (1,238 underlying) - 2,476
Nonstatutory Stock Option (right to buy)
Exercise: $18.85From: 2005-08-01Exp: 2012-05-31→ Class A Common Stock (1,238 underlying) - 4,726
Incentive Stock Option (right to buy)
Exercise: $23.70Exp: 2012-05-31→ Class A Common Stock (2,250 underlying) - 10,726
Nonstatutory Stock Option (right to buy)
Exercise: $27.35Exp: 2014-04-15→ Class A Common Stock (3,000 underlying) - 14,726
Nonstatutory Stock Option (right to buy)
Exercise: $27.46Exp: 2015-04-15→ Class A Common Stock (2,000 underlying)
Footnotes (4)
- [F1]The amount represents shares allocated to my acccount 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, 2003, contingent upon continued employment.
- [F3]20% of the options become exercisable on August 1st of each year beginning August 1, 2004, contingent upon continued employment.
- [F4]20% of the options become exercisable on August 1st of each year beginning August 1, 2005, contingent upon continued employment.