Company: TCBI
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001077428-25-000066
Chunk: 110

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 110
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 years, the Company maintained an average burn rate of 0.88% of shares of common stock outstanding per year. Dilution measures the degree to which stockholders’ ownership has been diluted by stock-based compensation awarded under the Company’s various equity plans, and includes shares that may be awarded under various equity plans in the future, which is commonly referred to as “overhang.”

TCBI 2025 | Notice of Annual Meeting and Proxy Statement 102

| 2022 Long-Term Incentive Plan, As Amended and Restated |

|                     |     | Fiscal Year |     |       |     |       |
| Key Equity Metrics: |     |        2024 |     |  2023 |     |  2022 |
| Burn Rate (A)       |     |       0.91% |     | 0.84% |     | 0.90% |
| Overhang (B)        |     |       2.39% |     | 4.11% |     | 4.71% |
| Dilution (C)        |     |       1.85% |     | 2.29% |     | 2.37% |

(A) Burn rate is calculated by dividing the number of shares subject to equity awards granted during the applicable fiscal period by the total number of shares of common stock outstanding during the applicable fiscal period. Weighted average shares outstanding were 46,559,668 (2024), 48,054,935 (2023), and 50,457,746 (2022).

(B) Overhang is calculated by dividing (a) the sum of (x) the number of shares subject to equity awards outstanding at the end of the year and (y) the number of shares available for future grants, by (b) the number of shares outstanding at the end of the year. Shares outstanding at year end were 46,233,812 (2024), 47,237,912 (2023), and 48,783,763 (2022).

(C) Dilution is calculated by dividing the number of shares subject to equity awards outstanding at the end of the fiscal year by the number of shares outstanding at the end of the fiscal year.

Future Share Needs. If the Amended 2022 Plan is approved by our stockholders, the total number of shares available for grant will be 1,349,423 (year-end shares available for grant plus the 1.1