Company: TCBI
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001077428-25-000066
Chunk: 108

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 108
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 solely to increase the number of shares reserved for issuance by an additional 1.1 million shares of our common stock and to extend the maturity date of the 2022 Plan by two years.

#### Introduction
The Board believes that the Amended 2022 Plan is a vital component of our employee compensation programs, since it allows the Company to compensate our employees, consultants and non-employee directors whose contributions are integral to our success by offering them the opportunity to participate in our future performance while at the same time providing an incentive to build long-term stockholder value. The Company operates in a competitive market and new hire grants are essential in helping us attract talented individuals. Likewise, annual grants are essential in helping retain and motivate the Company’s most valuable employees. Both new hire grants and annual grants help keep employees’ interests aligned with stockholders’ interests.

In February 2025, the Board, based on a recommendation from the Compensation Committee, approved the Amended 2022 Plan, which includes an increase in the shares available under the Plan and a two-year extension of the expiration of the 2022 Plan for the reasons discussed below, subject to approval by stockholders. The Board, the Compensation Committee and management recommend that stockholders approve the Amended 2022 Plan. If stockholders do not approve the Amended 2022 Plan, the 2022 Plan will remain in effect with its current terms and conditions and with its current number of shares reserved for issuance. The 2022 Plan has not been amended since stockholders last approved the 2022 Plan at the 2022 Annual Meeting.

The Amended 2022 Plan is intended to enable the Company to remain competitive and innovative in its ability to attract, motivate, reward and retain the services of key employees, consultants and non-employee directors. The Amended 2022 Plan provides for the granting of stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards, dividend equivalent rights, and other awards which may be granted singly, in combination, or in tandem, and which may be paid in cash or stock. The Amended 2022 Plan is expected to provide flexibility to the Company’s compensation methods to adapt the compensation of key employees, consultants and non-employee directors to a changing business environment, after giving due consideration to competitive conditions and the impact of federal tax laws. It is the judgment of the Board that the Amended 2022 Plan is in the best interest of the Company and its stockholders.

The Compensation Committee believes that the request