As of December 31, 2012, we have three stock option plans, the 1999 Stock Omnibus Plan (“1999 Plan”), the 2005 Long-Term Incentive Plan (“2005 Plan”) and the 2010 Long-Term Incentive Plan (“2010 Plan”). The 1999 Plan is no longer available for grants of equity based compensation; however, options to purchase shares previously issued under the plan will remain outstanding and be subject to administration by our board of directors. Under both the 2005 and 2010 Plans, equity-based compensation grants were made by the board of directors, or its designated committee. Grants are subject to vesting requirements. Under the 2005 and 2010 Plans, we may grant, among other things, nonqualified stock options, incentive stock options, restricted stock units (“RSUs”), stock appreciation rights (“SARs”), cash-based performance units or any combination thereof. Both Plans include grants for employees and directors. Totals shares authorized under the 2005 plan are 1,500,000, with 700,000 authorized under the 2010 Plan. Total shares which may be issued under the 2005 Plan at December 31, 2012, 2011 and 2010 were 26,615, 15,865 and 60,760, respectively. Total shares which may be issued under the 2010 Plan at December 31, 2012, 2011 and 2010 were 363,020, 431,200 and 498,400, respectively.
Texas Capital Bancshares, Inc., currently does not offer an external stock purchase plan. Click Here to receive more information from Texas Capital Bancshares, Inc.
Texas Capital Bancshares, Inc.,
2000 McKinney Avenue
Dallas, TX 75201
Investor Relations Contact
Computershare Investor Services LLC
Two North Lasalle Street
Chicago, IL 60602