SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BREADY DOUGLAS G
(Last) (First) (Middle)
P. O. BOX 4797
(Street)
MCALLEN TX 78502
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEXAS REGIONAL BANCSHARES INC [ TRBS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Regional President
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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)
Code V Amount (A) or (D) Price
Class A Common Stock 09/30/2005 A 4,585 A $13.3859 13,883 I By Wife
Class A Common Stock 09/30/2005 A 4,455 A $18.8525 7,455 D
Class A Common Stock 09/30/2005 A 500 A $13.3859 7,955 D
Class A Common Stock 51,640.6355 I By Trustee of ESOP
Class A Common Stock 2,253 I IRA by self
Class A Common Stock 494 I By Sons
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) 7. 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $13.3859 09/30/2005 M 1,000 07/01/2003 04/15/2011 Class A Common Stock 1,000 $13.3859 0 D
Incentive Stock Option (right to buy) $13.3859 09/30/2005 M 4,085 07/01/2004 04/15/2011 Class A Common Stock 4,085 $13.3859 0 D
Incentive Stock Option (right to buy) $18.8525 (1) 05/31/2012 Class A Common Stock 5,940 5,940 D
Nonstatutory Stock Option (right to buy) $18.8525 09/30/2005 M 4,455 (1) 05/31/2012 Class A Common Stock 1,485 $18.8525 7,425 D
Incentive Stock Option (right to buy) $23.7 08/01/2003 05/31/2012 Class A Common Stock 732 8,157 D
Incentive Stock Option (right to buy) $23.7 08/01/2004 05/31/2012 Class A Common Stock 730 8,887 D
Incentive Stock Option (right to buy) $23.7 08/01/2005 05/31/2012 Class A Common Stock 788 9,675 D
Incentive Stock Option (right to buy) $23.7 08/01/2006 05/31/2012 Class A Common Stock 750 10,425 D
Nonstatutory Stock Option (right to buy) $23.7 (2) 05/31/2012 Class A Common Stock 1,500 11,925 D
Incentive Stock Option (right to buy) $27.3467 08/01/2005 04/15/2014 Class A Common Stock 1,950 13,875 D
Incentive Stock Option (right to buy) $27.3467 08/01/2006 04/15/2014 Class A Common Stock 1,650 15,525 D
Incentive Stock Option (right to buy) $27.3467 08/01/2007 04/15/2014 Class A Common Stock 1,200 16,725 D
Incentive Stock Option (right to buy) $27.3467 08/01/2008 04/15/2014 Class A Common Stock 1,200 17,925 D
Nonstatutory Stock Option (right to buy) $27.3467 (3) 04/15/2014 Class A Common Stock 6,000 23,925 D
Incentive Stock Option (right to buy) $27.46 08/01/2006 04/15/2015 Class A Common Stock 1,351 25,276 D
Incentive Stock Option (right to buy) $27.46 08/01/2007 04/15/2015 Class A Common Stock 1,354 26,630 D
Incentive Stock Option (right to buy) $27.46 08/01/2007 04/15/2015 Class A Common Stock 295 26,925 D
Incentive Stock Option (right to buy) $27.46 08/01/2008 04/15/2015 Class A Common Stock 1,000 27,925 D
Incentive Stock Option (right to buy) $27.46 08/01/2009 04/15/2015 Class A Common Stock 1,000 28,925 D
Nonstatutory Stock Option (right to buy) $27.46 (4) 04/15/2015 Class A Common Stock 5,000 33,925 D
Explanation of Responses:
1. 25% of the options become exercisable on August 1st of each year beginning August 1, 2002, contingent upon continued employment.
2. 25% of the options become exercisable on August 1st of each year beginning August 1, 2003, contingent upon continued employment.
3. 20% of the options become exercisable on August 1st of each year beginning August 1, 2004, contingent upon continued employment.
4. 20% of the options become exercisable on August 1st of each year beginning August 1, 2005, contingent upon continued employment.
/s/ Douglas G. Bready 09/30/2005
** 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.
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