Pennsylvania
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001-35913
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20-4929029
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(State or other jurisdiction of incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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One Oxford Centre
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301 Grant Street, Suite 2700
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Pittsburgh, Pennsylvania 15219
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(Address of principal executive offices)
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(Zip Code)
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(412) 304-0304
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(Registrant's telephone number, including area code)
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¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, no par value
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TSC
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Nasdaq Global Select Market
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Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock
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TSCAP
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Nasdaq Global Select Market
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Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock
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TSCBP
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Nasdaq Global Select Market
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Figure 1. Stock-in-Lieu of Cash
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Jan. 1, 2017 -
April 30, 2020
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Jan. 1, 2020 -
April 30, 2020
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2019
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2018
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2017
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|||||
Total restricted shares awarded
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1,996,811
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597,070
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580,453
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423,113
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396,175
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Less restricted stock-in-lieu of cash
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878,611
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303,879
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313,796
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187,613
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73,323
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Full value awards
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1,118,200
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293,191
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266,657
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235,500
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322,852
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Full value awards/total restricted shares awarded (%)
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56.00
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%
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49.10
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%
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45.94
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%
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55.66
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%
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81.49
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%
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Weighted average diluted common shares outstanding
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27,864,933
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27,583,519
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27,550,833
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Unadjusted burn rate
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0.96
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%
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0.85
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%
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1.17
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%
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Three year average
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0.99
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%
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Figure 2. Omnibus Incentive Plan
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Share Count
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Basic Dilution
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Full Dilution
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4/30/2020
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4/30/2020
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4/30/2020
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Shares outstanding
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29,841,310
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New shares requested under plan amendment
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1,500,000
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5.03
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%
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4.62
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%
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Existing shares available for grant
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5,252
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0.02
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%
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0.02
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%
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New + existing shares available for grant
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1,505,252
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5.04
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%
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4.64
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%
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Outstanding and unexercised stock options
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378,620
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Outstanding and unvested restricted shares
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1,626,458
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Gross granted unexercised/unvested shares
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2,005,078
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Less stock issued in lieu of cash (1/1/2017 - 4/30/2020)
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878,611
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Granted unexercised/unvested shares
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1,126,467
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3.77
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%
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3.47
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%
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Total share allocation
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2,631,719
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8.82
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%
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8.10
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%
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Fully diluted shares
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32,473,029
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TRISTATE CAPITAL HOLDINGS, INC.
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By
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/s/ James F. Getz
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James F. Getz
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Chairman, President and Chief Executive Officer
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