0001638897-22-000002.txt : 20220411 0001638897-22-000002.hdr.sgml : 20220411 20220411175752 ACCESSION NUMBER: 0001638897-22-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220408 FILED AS OF DATE: 20220411 DATE AS OF CHANGE: 20220411 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jones Thomas Jr. CENTRAL INDEX KEY: 0001638897 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38484 FILM NUMBER: 22820661 MAIL ADDRESS: STREET 1: ONE RIVERWAY STREET 2: SUITE 2020 CITY: HOUSTON STATE: TX ZIP: 77056 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Spirit of Texas Bancshares, Inc. CENTRAL INDEX KEY: 0001499453 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 900499552 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1836 SPIRIT OF TEXAS WAY CITY: CONROE STATE: TX ZIP: 77301 BUSINESS PHONE: (936) 521-1836 MAIL ADDRESS: STREET 1: 1836 SPIRIT OF TEXAS WAY CITY: CONROE STATE: TX ZIP: 77301 FORMER COMPANY: FORMER CONFORMED NAME: ST Financial Group, Inc. DATE OF NAME CHANGE: 20100818 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2022-04-08 1 0001499453 Spirit of Texas Bancshares, Inc. STXB 0001638897 Jones Thomas Jr. ONE RIVERWAY SUITE 2020 HOUSTON TX 77056 1 0 0 0 Common Stock 2022-04-08 4 D 0 31500 D 0 D Stock Options (right to buy) 13 2022-04-08 4 D 0 2500 D 2018-03-21 2023-03-21 Common Stock 2500 0 D Stock Options (right to buy) 13 2022-04-08 4 D 0 3750 D 2019-02-20 2024-02-20 Common Stock 3750 0 D Stock Options (right to buy) 16 2022-04-08 4 D 0 5000 D 2020-02-19 2025-02-19 Common Stock 5000 0 D Stock Options (right to buy) 13 2022-04-08 4 D 0 5000 D 2021-05-26 2026-05-26 Common Stock 5000 0 D Stock Options (right to buy) 15 2022-04-08 4 D 0 5000 D 2022-02-23 2027-02-23 Common Stock 5000 0 D Stock Options (right to buy) 21 2022-04-08 4 D 0 3000 D 2023-05-03 2028-05-03 Common Stock 3000 0 D 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. 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. 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. 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. This option, which provided for vesting in five equal annual installments beginning 05/26/2021 was canceled in the Merger in exchange for a cash payment of $74,793.38, 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. 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. 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. /s/ By Michael L. Durham as Attorney-in-Fact for Thomas Jones Jr. 2022-04-11