FORM 4
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MORRIS STEVEN M
2. Issuer Name and Ticker or Trading Symbol

Spirit of Texas Bancshares, Inc. [ STXB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

801 CHERRY STREET, SUITE 3700, UNIT 19
3. Date of Earliest Transaction (MM/DD/YYYY)

4/8/2022
(Street)

FORT WORTH, TX 76102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4/8/2022  D  145000 D (1)0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (right to buy) $13 4/8/2022  D     2500  3/21/2018 3/21/2023 Common Stock 2500  (2)0 D  
Stock Options (right to buy) $13 4/8/2022  D     3750  2/20/2019 2/20/2024 Common Stock 3750  (3)0 D  
Stock Options (right to buy) $16 4/8/2022  D     5000  2/19/2020 2/19/2025 Common Stock 5000  (4)0 D  
Stock Options (right to buy) $15 4/8/2022  D     5000  2/23/2022 2/23/2027 Common Stock 5000  (5)0 D  
Stock Options (right to buy) $21 4/8/2022  D     3000  5/3/2023 5/3/2028 Common Stock 3000  (6)0 D  

Explanation of Responses:
(1) Disposed of in connection the Agreement and Plan of Merger, dated November 18, 2021 (the "Merger Agreement"), by and between Simmons First National Corporation ("Simmons") and Spirit of Texas Bancshares, Inc. ("Issuer"), pursuant to which the Issuer was merged with and into Simmons, with Simmons surviving (the "Merger"). Pursuant to the Merger, each issued and outstanding shares of Issuer common stock and restricted stock units were converted into the right to receive 1.0016722 shares of Simmons common stock. The closing price of Simmons common stock on April 8, 2022, the effective date of the Merger, was $25.44. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock.
(2) This option, which provided for vesting in five equal annual installments beginning 03/21/2018 was canceled in the Merger in exchange for a cash payment of $37,396.69, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger.
(3) This option, which provided for vesting in five equal annual installments beginning 02/20/2019 was canceled in the Merger in exchange for a cash payment of $56,095.03, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger.
(4) This option, which provided for vesting in five equal annual installments beginning 02/19/2020 was canceled in the Merger in exchange for a cash payment of $59,793.38, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger.
(5) This option, which provided for vesting in five equal annual installments beginning 02/23/2022 was canceled in the Merger in exchange for a cash payment of $64,793.38,, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger.
(6) This option, which provided for vesting in five equal annual installments beginning 05/23/2023 was canceled in the Merger in exchange for a cash payment of $20,876.03, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
MORRIS STEVEN M
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102
X



Signatures
/s/ By Michael L. Durham as Attorney-in-Fact for Steven M Morris4/11/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Spirit of Texas Bancshares (NASDAQ:STXB)
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부터 10월(10) 2024 으로 11월(11) 2024 Spirit of Texas Bancshares 차트를 더 보려면 여기를 클릭.
Spirit of Texas Bancshares (NASDAQ:STXB)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024 Spirit of Texas Bancshares 차트를 더 보려면 여기를 클릭.