ROBERT W. STALLINGS - 02 Aug 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
02 Aug 2023
Transactions value $
$307,650
Form type
4
Filing time
04 Aug 2023, 16:07:03 UTC
Previous filing
27 Jul 2023
Next filing
21 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBI Common Stock Purchase $308K +5K +1.93% $61.53 264K 02 Aug 2023 Direct F1
holding TCBI Common Stock 74K 02 Aug 2023 SCG Ventures LP F2
holding TCBI Depositary Shares for Series B Preferred Stock 80K 02 Aug 2023 SCG Ventures LP F2, F3
holding TCBI Depositary Shares for Series B Preferred Stock 5K 02 Aug 2023 Stallings Foundation F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stated price represents the average based on prices ranging from $61.30 to $61.70. 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.
F2 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%).
F3 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.
F4 The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.