Triumph Financial, Inc. — Director's Dealing 2021

Oct 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Triumph Bancorp, Inc. (TBK)
CIK: 0001539638
Period of Report: 2021-10-25

Reporting Person: Lehmann Gail (EVP and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-25	Common Stock	M	7176	$15.87	Acquired	36656	Direct
2021-10-25	Common Stock	M	741	$25.80	Acquired	37397	Direct
2021-10-25	Common Stock	S	7917	$117.84	Disposed	29480	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-25	Employee Stock Options	$15.87	M	7176	Disposed	2026-04-01	Common Stock (7176)	Direct
2021-10-25	Employee Stock Options	$25.80	M	741	Disposed	2027-04-01	Common Stock (5123)	Direct

Footnotes

F1: The reported price in column 4 represents the weighted average sale price. Reporting person will provide, upon request by the commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Consists of (i) 26,596 shares of common stock beneficially owned by reporting person, and (ii) 2,884 shares of restricted stock of the reporting person subject to future time vesting requirements.

F3: Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.

F4: Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.