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4//SEC Filing

TEXAS REGIONAL BANCSHARES INC 4

Accession 0001179110-06-021453

CIK 0000787648operating

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 11:59 AM ET

Size

56.4 KB

Accession

0001179110-06-021453

Insider Transaction Report

Form 4
Period: 2006-11-06
Norman Robert C
Regional President
Transactions
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh179$6,9630 total
    Exercise: $24.96From: 2009-08-01Exp: 2015-04-15Class A Common Stock (179 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh6,534$254,1730 total
    Exercise: $17.14Exp: 2012-05-31Class A Common Stock (6,534 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh672$26,1410 total
    Exercise: $28.49From: 2007-04-25Exp: 2016-04-15Class A Common Stock (672 underlying)
  • Award

    Class A Common Stock

    2006-11-06$38.19/sh+163.656$6,25122,367.54 total(indirect: By Trust)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh14,374$559,1490 total
    Exercise: $12.17Exp: 2011-04-15Class A Common Stock (14,374 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh600$23,3400 total
    Exercise: $24.86From: 2004-08-01Exp: 2014-04-15Class A Common Stock (600 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh1,328$51,6590 total
    Exercise: $28.49From: 2008-04-25Exp: 2016-04-15Class A Common Stock (1,328 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh618$24,0400 total
    Exercise: $21.55From: 2004-08-01Exp: 2012-05-31Class A Common Stock (618 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh1,650$64,1850 total
    Exercise: $21.55Exp: 2012-05-31Class A Common Stock (1,650 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh3,000$116,7000 total
    Exercise: $28.49Exp: 2016-04-15Class A Common Stock (3,000 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2006-11-10$38.90/sh22,367.54$870,0970 total(indirect: By Trust)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh2,200$85,5800 total
    Exercise: $24.96Exp: 2015-04-15Class A Common Stock (2,200 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh619$24,0790 total
    Exercise: $21.55From: 2003-08-01Exp: 2012-05-31Class A Common Stock (619 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh3,465$134,7890 total
    Exercise: $24.86Exp: 2014-04-15Class A Common Stock (3,465 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh5,775$224,6480 total
    Exercise: $24.86Exp: 2014-04-15Class A Common Stock (5,775 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh646$25,1290 total
    Exercise: $24.96From: 2005-08-01Exp: 2015-04-15Class A Common Stock (646 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh5,500$213,9500 total
    Exercise: $24.96Exp: 2015-04-15Class A Common Stock (5,500 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh5,000$194,5000 total
    Exercise: $28.49Exp: 2016-04-15Class A Common Stock (5,000 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2006-11-10$38.90/sh729$28,3580 total
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh6,534$254,1730 total
    Exercise: $17.14Exp: 2012-05-31Class A Common Stock (6,534 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh1,710$66,5190 total
    Exercise: $24.86From: 2005-08-01Exp: 2014-04-15Class A Common Stock (1,710 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh1,554$60,4510 total
    Exercise: $24.96From: 2006-08-01Exp: 2015-04-15Class A Common Stock (1,554 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh920$35,7880 total
    Exercise: $24.96From: 2009-08-01Exp: 2015-04-15Class A Common Stock (920 underlying)
Footnotes (12)
  • [F1]The amount represents shares allocated to my account as a participant in the Texas Regional Bancshares, Inc. Employee Stock Ownership Plan (the ESOP) since the last required filing.
  • [F10]1,000 options become exercisable on April 25th of each year beginning April 25, 2009.
  • [F11]20% of the options become exercisable on April 25th of each year beginning April 25, 2007.
  • [F12]These options (whether vested or unvested) were exchanged for cash on the effective date of the merger in an amount equal to the excess of $38.90 per share over the strike price per share as contemplated by the Agreement and Plan of Merger dated June 12, 2006 between TRBS and BBVA.
  • [F2]The amount represents disposition of shares in my ESOP account as a result of the merger between Texas Regional Bancshares, Inc. (TRBS) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA).
  • [F3]25% of the options become exercisable on July 1st of each year beginning July 1, 2001.
  • [F4]25% of the options become exercisable on August 1st of each year beginning August 1, 2002.
  • [F5]25% of the options become exercisable on August 1st of each year beginning August 1, 2003.
  • [F6]1,155 options become exercisable on August 1st of each year beginning August 1, 2006.
  • [F7]20% of the options become exercisable on August 1st of each year beginning August 1, 2004.
  • [F8]1,100 options become exercisable on August 1st of each year beginning August 1, 2007.
  • [F9]20% of the options become exercisable on August 1st of each year beginning August 1, 2005.

Issuer

TEXAS REGIONAL BANCSHARES INC

CIK 0000787648

Entity typeoperating
IncorporatedTX

Related Parties

1
  • filerCIK 0000787648

Filing Metadata

Form type
4
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 11:59 AM ET
Size
56.4 KB