TEXAS REGIONAL BANCSHARES INC 4
4 · TEXAS REGIONAL BANCSHARES INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
BREADY DOUGLAS G
Banking Center President
Transactions
- Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2006-11-10$38.90/sh−1,650$64,185→ 0 totalExercise: $21.55Exp: 2012-05-31→ Class A Common Stock (1,650 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−805$31,315→ 0 totalExercise: $21.55From: 2003-08-01Exp: 2012-05-31→ Class A Common Stock (805 underlying) - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2006-11-10$38.90/sh−1,633$63,524→ 0 totalExercise: $17.14Exp: 2012-05-31→ Class A Common Stock (1,633 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,486$57,805→ 0 totalExercise: $24.96From: 2006-08-01Exp: 2015-04-15→ Class A Common Stock (1,486 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−324$12,604→ 0 totalExercise: $24.96From: 2007-08-01Exp: 2015-04-15→ Class A Common Stock (324 underlying) - Award
Class A Common Stock
2006-11-06$39.30/sh+0.049$2→ 58,143.105 total(indirect: By Trust) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−867$33,726→ 0 totalExercise: $21.55From: 2005-08-01Exp: 2012-05-31→ Class A Common Stock (867 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−6,534$254,173→ 0 totalExercise: $17.14Exp: 2012-05-31→ Class A Common Stock (6,534 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−803$31,237→ 0 totalExercise: $21.55From: 2004-08-01Exp: 2012-05-31→ Class A Common Stock (803 underlying) - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2006-11-10$38.90/sh−5,000$194,500→ 0 totalExercise: $28.49Exp: 2016-04-15→ Class A Common Stock (5,000 underlying) - Disposition to Issuer
Class A Common Stock
2006-11-10$38.90/sh−15,270$594,003→ 0 total(indirect: By Spouse) - Disposition to Issuer
Class A Common Stock
2006-11-10$38.90/sh−7,750$301,475→ 0 total - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2006-11-10$38.90/sh−6,600$256,740→ 0 totalExercise: $24.86Exp: 2014-04-15→ Class A Common Stock (6,600 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,489$57,922→ 0 totalExercise: $24.96From: 2007-08-01Exp: 2015-04-15→ Class A Common Stock (1,489 underlying) - Disposition to Issuer
Class A Common Stock
2006-11-10$38.90/sh−2,478$96,394→ 0 total(indirect: By IRA) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−825$32,093→ 0 totalExercise: $21.55From: 2006-08-01Exp: 2012-05-31→ Class A Common Stock (825 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,320$51,348→ 0 totalExercise: $24.86From: 2007-08-01Exp: 2014-04-15→ Class A Common Stock (1,320 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−2,546$99,039→ 0 totalExercise: $28.49From: 2009-04-25Exp: 2016-04-15→ Class A Common Stock (2,546 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−2,145$83,441→ 0 totalExercise: $24.86From: 2005-08-01Exp: 2014-04-15→ Class A Common Stock (2,145 underlying) - Disposition to Issuer
Class A Common Stock
2006-11-10$38.90/sh−1,542$59,984→ 0 total(indirect: By Sons) - Disposition to Issuer
Class A Common Stock
2006-11-10$38.90/sh−58,143.105$2,261,767→ 0 total(indirect: By Trust) - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2006-11-10$38.90/sh−5,500$213,950→ 0 totalExercise: $24.96Exp: 2015-04-15→ Class A Common Stock (5,500 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−769$29,914→ 0 totalExercise: $28.49From: 2007-04-25Exp: 2016-04-15→ Class A Common Stock (769 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,815$70,604→ 0 totalExercise: $24.86From: 2006-08-01Exp: 2014-04-15→ Class A Common Stock (1,815 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,100$42,790→ 0 totalExercise: $24.96From: 2008-08-01Exp: 2015-04-15→ Class A Common Stock (1,100 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−1,394$54,227→ 0 totalExercise: $28.49From: 2008-04-25Exp: 2016-04-15→ Class A Common Stock (1,394 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2006-11-10$38.90/sh−291$11,320→ 0 totalExercise: $28.49From: 2010-04-25Exp: 2016-04-15→ Class A Common Stock (291 underlying)
Footnotes (8)
- [F1]The amount represents shares allocated to my account as a participant in the Texas Regional Bancshares, Inc. Employee Stock Ownership Plan (the ESOP) since the last required filing.
- [F2]The amount represents disposition of shares in my ESOP account as a result of the merger between Texas Regional Bancshares, Inc. (TRBS) and Banco Bilbao Vizcaya Aregentaria, S.A. (BBVA).
- [F3]25% of the options become exercisable on August 1st of each year beginning August 1, 2002.
- [F4]25% of the options become exercisable on August 1st of each year beginning August 1, 2003.
- [F5]20% of the options become exercisable on August 1st of each year beginning August 1, 2004.
- [F6]20% of the options become exercisable on August 1st of each year beginning August 1, 2005.
- [F7]20% of the options become exercisable on April 25th of each year beginning April 25, 2007.
- [F8]These options (whether vested or unvested) were exchanged for cash on the effective date of the merger in an amount equal to the excess of $38.90 per share over the strike price per share as contemplated by the Agreement and Plan of Merger dated June 12, 2006 between TRBS and BBVA.