ROBERT W. STALLINGS - 14 Jun 2023 Form 4 Insider Report for TEXAS CAPITAL BANCSHARES INC/TX (TCBI)

Role
Director
Signature
Mary Helen Hall, attorney-in-fact
Issuer symbol
TCBI
Transactions as of
14 Jun 2023
Transactions value $
$89,750
Form type
4
Filing time
16 Jun 2023, 16:29:14 UTC
Previous filing
01 Jun 2023
Next filing
27 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBI Depositary Shares for Series B Preferred Stock Purchase $89.8K +5K $17.95 5K 14 Jun 2023 Stallings Foundation F1, F2, F3
holding TCBI Common Stock 74K 14 Jun 2023 SCG Ventures LP F4
holding TCBI Common Stock 257K 14 Jun 2023 Direct
holding TCBI Depositary Shares for Series B Preferred Stock 80K 14 Jun 2023 SCG Ventures LP F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share.
F2 The stated price represents the average based on prices ranging from $17.90 to $18.00. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
F3 The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
F4 SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%), its general partner. Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%).