4//SEC Filing
Karaba Martin Dominic 4
Accession 0001860243-25-000007
CIK 0001501570other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 6:43 PM ET
Size
19.1 KB
Accession
0001860243-25-000007
Insider Transaction Report
Form 4
Karaba Martin Dominic
Chief Banking Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2025-10-20−6,265→ 0 total→ Common Stock (6,265 underlying) - Disposition to Issuer
Performance Stock Units
2025-10-20−8,211→ 0 total→ Common Stock (8,211 underlying) - Disposition to Issuer
Performance Stock Units
2025-10-20−5,465→ 0 total→ Common Stock (5,465 underlying) - Disposition to Issuer
Restricted Stock Unit
2025-10-20−20,000→ 0 total→ Common Stock (20,000 underlying) - Disposition to Issuer
Restricted Stock Units
2025-10-20−7,154→ 0 total→ Common Stock (7,154 underlying) - Disposition to Issuer
Performance Stock Units
2025-10-20−8,211→ 0 total→ Common Stock (8,211 underlying) - Disposition to Issuer
Performance Stock Units
2025-10-20−5,466→ 0 total→ Common Stock (5,466 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a right to receive at settlement one share of common stock of the Company.
- [F2]On October 20, 2025, Huntington Bancshares Incorporated (Huntington) acquired the Issuer pursuant to the terms of that certain Agreement and Plan of Merger entered into by and between Huntington and the Issuer, dated as of July 13, 2025 (the Merger Agreement). Pursuant to the terms of the Merger Agreement, the Issuer merged with and into Huntington, with Huntington surviving such merger (the Merger).
- [F3]Pursuant to the terms of the Merger Agreement, each RSU outstanding immediately prior to the Effective Time was canceled and converted into the right to receive (without interest) a number of shares of Huntington common stock equal to the product of (i) the number of shares of Issuer common stock subject to such RSU immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio (as defined below), less any applicable tax withholdings. The ratio of 1.95 shares of Huntington common stock for one share of Issuer common stock is referred to as the Exchange Ratio.
- [F4]Pursuant to the terms of the Merger Agreement, each performance stock unit (PSU) previously granted by the Issuer outstanding immediately prior to the Effective Time was deemed to vest at target, was canceled and converted into the right to receive (without interest) a number of shares of Huntington common stock equal to the product of (i) the number of shares of Issuer common stock subject to such PSU immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.
Documents
Issuer
Veritex Holdings, Inc.
CIK 0001501570
Entity typeother
Related Parties
1- filerCIK 0001860243
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 6:43 PM ET
- Size
- 19.1 KB