TEXAS CAPITAL BANCSHARES INC/TX 4
4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed Jul 3, 2007
Insider Transaction Report
Form 4
SNYDER JOHN C
Other
Transactions
- Conversion
Restricted Stock Units
2006-05-16−100→ 400 totalExercise: $0.00→ Common Stock (100 underlying) - Award
Common Stock
2007-05-16$22.49/sh+100$2,249→ 17,700 total
Footnotes (2)
- [F1]The restricted stock units were granted to the non-employee director as an award grant under the Company's 2005 Long-Term Incentive Plan for service as a director of the Company. Each restricted stock unit represents a contingent right to receive one share of TCBI common stock.
- [F2]The restricted stock units vest in five equal annual installments beginning May 16, 2007. Vested shares will be delivered to the reporting person within 2 1/2 months following the close of the calendar year in which the restricted stock units vested.