MITCHELL LEE ROY 4
4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed May 20, 2009
Insider Transaction Report
Form 4
MITCHELL LEE ROY
Director
Transactions
- Award
Stock Appreciation Rights
2009-05-19+3,000→ 3,000 totalExercise: $14.17Exp: 2019-05-19→ Common Stock (3,000 underlying) - Award
Restricted Stock Units
2009-05-19+1,000→ 3,000 total
Holdings
- 208,218(indirect: See Footnote)
Common Stock
Footnotes (4)
- [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, 2010. 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.
- [F3]Shares are owned by T&LRM Family Partnership Ltd. Mr. Mitchell is the CEO of PBA Development, Inc., which is the general partner of such entity.
- [F4]The stock appreciation rights vest in five equal annual installments beginning May 19, 2010.