Sec Form 4 Filing - Fetterolf Brian S @ TriState Capital Holdings, Inc. - 2019-07-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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
Fetterolf Brian S
2. Issuer Name and Ticker or Trading Symbol
TriState Capital Holdings, Inc. [ TSC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO, TSC Bank, Director TSC
(Last) (First) (Middle)
301 GRANT STREET, SUITE 2700
3. Date of Earliest Transaction (MM/DD/YY)
07/24/2019
(Street)
PITTSBURGH, PA15219
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 07/24/2019 M 7,500 A $ 12 54,585 D ( 1 )
Common Stock 07/24/2019 F 5,276 ( 2 ) D $ 20.5 49,309 D ( 1 )
Common Stock 07/24/2019 S 2,224 D $ 20.8435 ( 3 ) 47,085 D ( 1 )
Common Stock 158,695 D
Depositary Shares 4,000 D
Common Stock 10,750 I Crosshair Ventures, L.P. ( 4 )
Common Stock 13,334 I Trust for Donald L. Fetterolf ( 5 )
Table II - Deriva tive 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Security: 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
Stock Options (Right to Buy) $ 12 07/24/2019 M 7,500 01/27/2012 07/27/2019 Common Stock 7,500 $ 0 0 D
Stock Options (Right to Buy) $ 8 07/01/2013 01/01/2021 Common Stock 5,000 5,000 D
Stock Options (Right to Buy) $ 9.32 06/30/2014 12/31/2021 Common Stock 5,000 5,000 D
Stock Options (Right to Buy) $ 10.25 06/30/2015 12/31/2022 Common Stock 5,000 5,000 D
Stock Options (Right to Buy) $ 11.66 07/02/2016 01/02/2024 Common Stock 10,000 10,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fetterolf Brian S
301 GRANT STREET
SUITE 2700
PITTSBURGH, PA15219
X CEO, TSC Bank, Director TSC
Signatures
/s/ Karla Villatoro de Friedman, General Counsel of TriState Capital Bank, Attorney-in-Fact 07/26/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Held jointly with Reporting Person's spouse.
( 2 )Reflects the withholding of 5,276 shares of common stock in payment of the exercise price and to satisfy tax obligations resulting from the exercise of stock options expiring July 27, 2019. The number of shares withheld was determined on July 24, 2019 based on the closing price of the Issuer's common stock on July 23, 2019 and is not a market sale of securities.
( 3 )The price represents the approximate weighted average price per share of sales of the Issuer's common stock in connection with the exercise of stock options expiring July 27, 2019, which were executed at prices ranging from $20.809 to $20.90 per share. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each price.
( 4 )The Reporting Person is a limited partner of Crosshair Ventures, L.P. and the President of and has an interest in its general partner.
( 5 )The Reporting Person is one of two trustees and a beneficiary of the Trust.

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).

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