TEXAS CAPITAL BANCSHARES INC/TX 4
4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed May 20, 2008
Insider Transaction Report
Form 4
SNYDER JOHN C
Other
Transactions
- Award
Restricted Stock Units
2008-05-19+500→ 20,700 total - Award
Stock Appreciation Rights
2008-05-19+2,000→ 6,000 totalExercise: $18.67Exp: 2018-05-19→ Common Stock (2,000 underlying)
Footnotes (3)
- [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 19, 2009. 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. This number includes 800 unvested restricted stock units.
- [F3]The stock appreciation rights vest in five equal annual installments beginning May 19, 2008.