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TEXAS REGIONAL BANCSHARES INC 4

Accession 0001179110-06-021459

CIK 0000787648operating

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 12:06 PM ET

Size

37.5 KB

Accession

0001179110-06-021459

Insider Transaction Report

Form 4
Period: 2006-11-06
Grisham Stanley V
Regional President
Transactions
  • Award

    Class A Common Stock

    2006-11-06$36.14/sh+89.287$3,2271,015.312 total(indirect: By Trust)
  • Disposition to Issuer

    Class A Common Stock

    2006-11-10$38.90/sh1,015.312$39,4960 total(indirect: By Trust)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh1,100$42,7900 total
    Exercise: $26.96Exp: 2015-04-15Class A Common Stock (1,100 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh681$26,4910 total
    Exercise: $17.48From: 2004-08-01Exp: 2012-05-31Class A Common Stock (681 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh260$10,1140 total
    Exercise: $17.48From: 2003-08-01Exp: 2012-05-31Class A Common Stock (260 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh1,100$42,7900 total
    Exercise: $26.96Exp: 2015-04-15Class A Common Stock (1,100 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh260$10,1140 total
    Exercise: $17.48From: 2003-08-01Exp: 2012-05-31Class A Common Stock (260 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh3,300$128,3700 total
    Exercise: $24.86Exp: 2014-04-15Class A Common Stock (3,300 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh3,300$128,3700 total
    Exercise: $24.86Exp: 2014-04-15Class A Common Stock (3,300 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

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh681$26,4910 total
    Exercise: $17.48From: 2004-08-01Exp: 2012-05-31Class A Common Stock (681 underlying)
  • Disposition to Issuer

    Incentive 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)
Footnotes (7)
  • [F1]The amount represents shares allocated to my account as a participant in the Texas Regional Bancshares, Inc. Employees Stock Ownership Plan (the ESOP) since the last required filing.
  • [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]20% of the options become exercisable on August 1st of each year beginning August 1, 2004.
  • [F4]20% of the options become exercisable on August 1st of each year beginning August 1, 2005.
  • [F5]20% of the options become exercisable on August 1st of each year beginning August 1, 2006.
  • [F6]20% of the options become exercisable on April 25th of each year beginning April 25, 2007.
  • [F7]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.

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, 12:06 PM ET
Size
37.5 KB