Seidel Richard B. 4
4 · TriState Capital Holdings, Inc. · Filed Feb 13, 2020
Insider Transaction Report
Form 4
Seidel Richard B.
Director
Transactions
- Exercise/Conversion
Common Stock
2019-11-13$8.75/sh+6,000$52,500→ 50,405 total - Tax Payment
Common Stock
2019-11-13$23.82/sh−2,204$52,499→ 48,201 total - Exercise/Conversion
Stock Options (Right to Buy)
2019-11-13−6,000→ 0 totalExercise: $8.75From: 2012-06-15Exp: 2019-12-15→ Common Stock (6,000 underlying)
Holdings
- 2,000
Depositary Shares
- 5,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Reflects the withholding of 2,204 shares of common stock in payment of the exercise price and to satisfy tax obligations resulting from the exercise of stock options expiring on December 15, 2019. The number of shares withheld was determined on November 13, 2019 based on the closing price of the Issuer's common stock on November 12, 2019 and is not a market sale of securities.
- [F2]The Reporting Person disclaims beneficial ownership of these securities, which are owned by his spouse, except to the extent of any indirect pecuniary interest therein.
- [F3]The option, representing a right to purchase a total of 6,000 shares, became exercisable in two equal annual installments on June 15, 2012 and December 15, 2014.