4 1 a2093712z4.htm FORM 4

FORM 4

ý Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

(Print or Type Responses)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF
CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940

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Name and Address of Reporting Person*

Issuer Name and Ticker or Trading Symbol

Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Buttery

Danny

Texas Regional Bancshares, Inc. TRBS

Director

10% Owner

(Last)

(First)

(Middle)

I.R.S. Identification Number of Reporting Person, if an entity (voluntary)

Statement for
Month/Day/Year

X Officer
(give title below)

Other
(specify below)

P.O. Box 191

###-##-####

October 23, 2002

Branch President

(Street)

If Amendment, Date of Original (Month/Day/Year)

Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than

Harlingen

78551-0191

One Reporting Person

(City)

(State)

(Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Title of Security
(Instr. 3)

Transaction Date

2A.

Deemed Execution Date, if any

Transaction Code
(Instr. 8)

Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

Nature of Indirect Beneficial Ownership
(Instr. 4)

(Month/Day/Year)

Code

Amount

(A) or (D)

Price

Class A Common Stock

10/23/02

10/31/02

133.1862

(A)

39,832.5348

(I)

By TTE of ESOP

Class A Common Stock

2,925

(D)

* The amount represents shares allocated to my account as a participant in the Texas Regional Bancshares, Inc. Amended and Restated Employee Stock Ownership Plan, (the "ESOP").

FORM 4 (Continued)

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

Title of Derivative Security
(Instr. 3)

Conversion or Exercise Price of Derivative Security

Transaction Date
(Month/Day/Year)

3A.

Deemed Execution Date, if any
(Month/Day/Year)

Transaction Code
(Instr. 8)

Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

Date Exercisable and Expiration Date (Month/Day/Year)

Code

(A)

(D)

Date
Exercisable

Expiration Date

Option (right to buy)

20.5303

1-Jul
1998

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
1999

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
2000

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
2001

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
1998

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
1999

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
2000

1-Jul
2003

Option (right to buy)

20.5303

1-Jul
2001

1-Jul
2003

Option (right to buy)

22.08666

1-Jul
2001

15-Apr
2011

Option (right to buy)

22.08666

1-Jul
2002

15-Apr
2011

Option (right to buy)

22.08666

1-Jul
2003

15-Apr
2011

Option (right to buy)

22.08666

1-Jul
2004

15-Apr
2011

Option (right to buy)

31.10666

1-Aug
2002

31-May
2012

Option (right to buy)

31.10666

1-Aug
2003

31-May
2012

Option (right to buy)

31.10666

1-Aug
2004

31-May
2012

Option (right to buy)

31.10666

1-Aug
2005

31-May
2012

Option (right to buy)

31.10666

1-Aug
2002

31-May
2012

Option (right to buy)

31.10666

1-Aug
2003

31-May
2012

Option (right to buy)

31.10666

1-Aug
2004

31-May
2012

Option (right to buy)

31.10666

1-Aug
2005

31-May
2012


7.	Title and Amount of Underlying Securities (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 Securities: Direct (D) or Indirect (I) (Instr. 4)	11.	Nature of Indirect Beneficial Ownership (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	2,495	(2)

Class A Common Stock	2,495	(2)

Class A Common Stock	2,495	(2)

Class A Common Stock	2,495	(2)

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	750	(3)

Class A Common Stock	750	(3)

Class A Common Stock	750	(3)

Class A Common Stock	750	(3)

Class A Common Stock	750	(4)

Class A Common Stock	750	(4)

Class A Common Stock	750	(4)

Class A Common Stock	750	(4)	28,112	(D)

Explanation of Responses:

(1) Employee stock option granted under Texas Regional Bancshares, Inc. 1997 Incentive Stock Option Plan.

(2) Employee stock option granted under Texas Regional Bancshares, Inc. 1997 Nonstatutory 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/ Danny L. Buttery		11/12/02
**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/divisions/corpfin/forms/form4.htm
Last update: 09/05/2002