Triumph Bancorp, Inc. 4
4 · Triumph Bancorp, Inc. · Filed Apr 5, 2017
Insider Transaction Report
Form 4
Karas Daniel J.
See Remarks
Transactions
- Award
Common Stock
2017-04-01+1,696→ 14,399 total - Award
Employee Stock Options
2017-04-01+5,023→ 5,023 totalExercise: $25.80Exp: 2027-04-01→ Common Stock (5,023 underlying) - Tax Payment
Common Stock
2017-04-01$25.80/sh−488$12,590→ 13,911 total
Holdings
- 11,746
Employee Stock Options
Exercise: $15.87Exp: 2026-04-01→ Common Stock (11,746 underlying)
Footnotes (5)
- [F1]Represents shares of restricted common stock of Issuer granted to the reporting person under Issuer's 2014 Omnibus Incentive Plan. One fourth (rounded down to the nearest whole share, as applicable) of such shares shall vest on each of the first four anniversaries of the date of grant.
- [F2]Represents 488 shares surrendered to satisfy applicable federal income tax withholding associated with the 4/1/17 vesting of 1,849 shares of restricted stock issued to reporting person.
- [F3]Consists of (i) 8,199 shares beneficially owned by reporting person, and (ii) 5,712 shares of restricted stock of the reporting person subject to future time vesting requirements
- [F4]Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
- [F5]Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.