ROBERT W. STALLINGS - 31 Oct 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
31 Oct 2023
Transactions value $
$47,700
Form type
4
Filing time
02 Nov 2023, 16:06:30 UTC
Previous filing
26 Oct 2023
Next filing
20 Nov 2023

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 $47.7K +3K +3.66% $15.90 85K 31 Oct 2023 SCG Ventures LP F1, F2
holding TCBI Common Stock 279K 31 Oct 2023 Direct
holding TCBI Common Stock 74K 31 Oct 2023 SCG Ventures LP F2
holding TCBI Depositary Shares for Series B Preferred Stock 5K 31 Oct 2023 Stallings Foundation F1, F3
* 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 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 The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.