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4//SEC Filing

Penland Joe Sr 4

Accession 0001179110-22-000820

CIK 0001473844other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 4:43 PM ET

Size

7.7 KB

Accession

0001179110-22-000820

Insider Transaction Report

Form 4
Period: 2022-02-01
Transactions
  • Award

    Common Stock

    2022-02-01+1,591482,518 total
Holdings
  • Common Stock

    (indirect: By Foundation)
    215,670
  • Common Stock

    (indirect: By Tram Road Partners LP)
    724,636
Footnotes (3)
  • [F1]Represents restricted shares of Common Stock that will vest on December 31, 2022, subject to continued service as a director of the issuer on such date; provided, however, that if a "Change of Control" occurs before December 31, 2022, then a prorated number of the Restricted Shares shall become fully vested effective immediately prior to the effective time of such Change of Control based on the number of calendar days elapsed between January 1, 2022, and the date on which the Change of Control occurs, and the remaining Restricted Shares shall be forfeited to and reacquired by the Company for no consideration.
  • [F2]The reporting person serves as trustee of the Penland Foundation. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.
  • [F3]The reporting person is the manager and member of Tram Road Managers, LLC, a Texas limited liability company, which is the general partner of Tram Road Partners, LP, a Texas limited partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.

Issuer

CBTX, Inc.

CIK 0001473844

Entity typeother

Related Parties

1
  • filerCIK 0001289130

Filing Metadata

Form type
4
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:43 PM ET
Size
7.7 KB