-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OMbtir8fAvgDJxj/sjkOgd5gB6EmQaArpbddSutaS8mCJtcXYje+KNXqfx8DF+tm uSRQIrnetzKAnDJv77kgXQ== 0001047469-02-002903.txt : 20021113 0001047469-02-002903.hdr.sgml : 20021113 20021113171415 ACCESSION NUMBER: 0001047469-02-002903 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021112 FILED AS OF DATE: 20021113 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: KAVANAGH FRANK A CENTRAL INDEX KEY: 0001198656 RELATIONSHIP: OTHER FILING VALUES: FORM TYPE: 4 MAIL ADDRESS: STREET 1: 1600 PALM VALLEY DRIVE EAST CITY: HARLINGEN STATE: TX ZIP: 78551 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS REGIONAL BANCSHARES INC CENTRAL INDEX KEY: 0000787648 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 742294235 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-14517 FILM NUMBER: 02820865 BUSINESS ADDRESS: STREET 1: 3700 N TENTH STE 301 STREET 2: PO BOX 5910 CITY: MCALLEN STATE: TX ZIP: 78501 BUSINESS PHONE: 9566315400 MAIL ADDRESS: STREET 1: P O BOX 5910 STREET 2: P O BOX 5910 CITY: MCALLEN STATE: TX ZIP: 78501-5910 4 1 a2093615z4.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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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)
    Kavanagh   Frank   A.       Texas Regional Bancshares, Inc.  TRBS                Director            10% Owner
 
           
    (Last)   (First)   (Middle)   3.   I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)   4.   Statement for
Month/Day/Year		                Officer
        (give title below)		            Other
        (specify below)
    1600 Palm Valley Dr. East       ###-##-####       November 12, 2002            
 
 
     
(Street)           5.   If Amendment, Date of Original (Month/Day/Year)   7.   Individual or Joint/Group Filing
(Check Applicable Line)
    X     Form filed by One Reporting Person
             Form filed by More than
    Harlingen   TX   78551               November 1, 2002                   One Reporting Person
    (City)   (State)   (Zip)                            
                Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.   Title of Security
(Instr. 3)		   2.   Transaction Date   2A.   Deemed Execution Date, if any   3.   Transaction 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)
            (Month/Day/Year)   (Month/Day/Year)  
                       
                            Code   V       Amount   (A) or (D)   Price                        
    Class A Common Stock       10/23/02       10/31/02       A   V       72.3647   (A)   *       21,719.2847       (I)       By Trustee of ESOP
    Class A Common Stock       11/1/02               S           9,680   (D)   33.36       34       (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)
1.   Title of Derivative Security
(Instr. 3)		   2.   Conversion or Exercise Price of Derivative Security   3.   Transaction Date
(Month/Day/Year)		   3A.   Deemed Execution Date, if any
(Month/Day/Year)		   4.   Transaction Code
(Instr. 8)		   5.   Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		   6.   Date Exercisable and Expiration Date (Month/Day/Year)
                               
 
                                    Code   V       (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)       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
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		   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)                        

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.

/s/    
**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.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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
(Instr. 3)		   2.   Conversion or Exercise Price of Derivative Security   3.   Transaction Date
(Month/Day/Year)		   3A.   Deemed Execution Date, if any
(Month/Day/Year)		   4.   Transaction Code
(Instr. 8)		   5.   Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		   6.   Date Exercisable and Expiration Date (Month/Day/Year)
                               
 
                                    Code   V       (A)   (D)       Date
Exercisable		   Expiration Date
    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		   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:

(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 Incentive Stock Option Plan.

/s/ Frank A. Kavanagh   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.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

http://www.sec.gov/divisions/corpfin/forms/form4.htm
Last update: 09/05/2002


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