RIDDLE TIMOTHY J 4
4 · TriState Capital Holdings, Inc. · Filed Feb 20, 2020
Insider Transaction Report
Form 4
RIDDLE TIMOTHY J
CEO, Chartwell Inv. Partners
Transactions
- Award
Common Stock
2020-02-18+1,130→ 248,416 total - Disposition to Issuer
Stock Options (Right to Buy)
2020-02-19$9.42/sh−10,000$94,200→ 0 totalExercise: $13.03From: 2019-05-21Exp: 2024-05-21→ Common Stock (10,000 underlying) - Award
Common Stock
2020-02-18+3,617→ 247,286 total
Footnotes (3)
- [F1]The Reporting Person elected to receive 3,617 shares of Company stock, all of which are restricted stock issued under the Company's 2014 Omnibus Incentive Plan and which will vest in four years, in lieu of deferred cash payments under the incentive compensation program applicable to the Reporting Person.
- [F2]The Reporting Person received 1,130 shares of Company stock, all of which are restricted stock issued under the Company's 2014 Omnibus Incentive Plan and which will vest in three years per the incentive compensation program applicable to the Reporting Person.
- [F3]Pursuant to a Company option cancellation program, and by mutual agreement of the Reporting Person and the Company, each vested and outstanding stock option of the Reporting Person was cancelled. The Reporting Person received $94,200 as consideration for the cancellation, an amount arrived at by multiplying the number of the Reporting Person's options by the Company's stock price as of February 18, 2020, then subtracting the product of the number of options multiplied by the applicable exercise price.