4 1 a2092027z4.txt FORM 4
-------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------- FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL -------- ----------------------------- /X/ CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287 LONGER SUBJECT TO EXPIRES: JANUARY 31, 2005 SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5 CONTINUE. SEE Section 30(h) of the Investment Company Act of 1940 ----------------------------- INSTRUCTION 1(b). (Print or Type Responses) ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Kavanagh Frank A. Texas Regional Bancshares, Inc. TRBS ---- ---- --------------------------------------------------------------------------------------------- Officer (give Other (Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for ---- title ---- (specify Number of Reporting Month/Day/Year below) below) Person, if an entity ----------------- ------------------ 1600 Palm Valley Dr. East (voluntary) October 23, 2002 -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing (Street) 5. If Amendment, (Check Applicable Line) Date of Original _X_Form filed by One Reporting Person (Month/Day/Year) ___Form filed by More than One Harlingen TX 78551 ###-##-#### Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of 2. Trans- 2A. Deemed 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature Security action Execution action or Disposed of (D) Securities ship of In- (Instr. 3) Date Date, Code (Instr. 3, 4 and 5) Beneficially Form: direct if any (Instr. 8) Owned Follow- Direct Bene- (Month/ (Month/ ing Reported (D) or ficial Day/ Day/ ------------------------------------------ Transaction(s) Indirect Owner- Year) Year) (A) or (Instr. 3 (I) ship Code V Amount (D) Price and 4) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 21,646.9200 (I) By Trustee of ESOP ------------------------------------------------------------------------------------------------------------------------------------ Class A Common Stock 10/23/02 S 300 (D) 33.35000 9,714 (D) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative Security 2. Conver- 3. Trans- 3A. Deemed 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action Execution tion Code ative Securities Ac- cisable and Ex- Exercise Date Date, (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ if any posed of (D) (Month/Day/ Deriv- Day/ (Month/ (Instr. 3, 4, and 5) Year) ative Year) Day/ Security Year) -------------------------------------- ---------------- Date Expira- Exer- tion Code V (A) (D) cisable Date ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 20.5303 1-Jul-98 1-Jul-03 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 20.5303 1-Jul-99 1-Jul-03 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 20.5303 1-Jul-00 1-Jul-03 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 20.5303 1-Jul-01 1-Jul-03 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 22.08666 1-Jul-01 15-Apr-11 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 22.08666 1-Jul-02 15-Apr-11 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 22.08666 1-Jul-03 15-Apr-11 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 22.08666 1-Jul-04 15-Apr-11 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-02 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-03 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-04 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-05 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-02 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-03 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-04 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 31.10666 1-Aug-05 31-May-12 ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of Underlying Securities Derivative Derivative Form of Indirect (Instr. 3 and 4) Security Securities Derivative Beneficial (Instr. 5) Beneficially Securities: Ownership Owned Direct (D) or (Instr. 4) Following Indirect (I) Reported (Instr. 4) Transaction(s) ----------------------- (Instr. 4) Title Amount or Number of Shares ----------------------------------------------------------------------------------------------- Class A Common Stock 1,218 (1) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,218 (1) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,218 (1) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,218 (1) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,815 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,815 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,815 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 1,815 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 563 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 563 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 562 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 562 (3) ----------------------------------------------------------------------------------------------- Class A Common Stock 563 (4) ----------------------------------------------------------------------------------------------- Class A Common Stock 563 (4) ----------------------------------------------------------------------------------------------- Class A Common Stock 562 (4) ----------------------------------------------------------------------------------------------- Class A Common Stock 562 (4) 16,632 (D) ----------------------------------------------------------------------------------------------- Explanation of Responses: (1) Employee stock option granted under Texas Regional Bancshares, Inc. 1997 Incentive Stock Option Plan. (3) Employee stock option granted under Texas Regional Bancshares, Inc. 2000 Incentive Stock Option Plan. (4) Employee stock option granted under Texas Regional Bancshares, Inc. 2002 Nonstatutory Stock Option Plan. /s/ Frank A. Kavanagh 10/25/02 ----------------------------------- ----------- **Signature of Reporting Person Date 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. HTTP://WWW.SEC.GOV/DIVISION/CORPFIN/FORMS/FORM.HTM LAST UPDATE: 09/05/2002