Bart Caraway Form 3 Third Coast Bancshares / Bart Caraway ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Caraway Bart

(Last) (First) (Middle)

20202 HIGHWAY 59 NORTH, SUITE 190

(Street)

HUMBLE TX 77338

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/08/2021

3. Issuer Name and Ticker or Trading Symbol
Third Coast Bancshares, Inc. [ TCBX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
See Remarks

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	21,350(1)	D
Common Stock	2,746	I	By IRA
Common Stock	2,616	I	By ESOP

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	12/31/2014	12/31/2024	Common Stock	50,000	11	D
Warrant (right to buy)	07/01/2013	07/01/2023	Common Stock	857	11	D
Employee Stock Option (right to buy)	12/31/2014	12/31/2024	Common Stock	4,850	11	D
Employee Stock Option (right to buy)	12/31/2014	12/31/2024	Common Stock	19,450	11	D
Employee Stock Option (right to buy)	12/31/2014	12/31/2024	Common Stock	19,400	11	D
Employee Stock Option (right to buy)	(2)	02/23/2027	Common Stock	14,000	13	D
Employee Stock Option (right to buy)	(3)	07/19/2028	Common Stock	100,000	16.3	D
Employee Stock Option (right to buy)	(4)	01/01/2030	Common Stock	33,500	16.78	D
Employee Stock Option (right to buy)	(5)	01/01/2031	Common Stock	13,500	16.43	D

Explanation of Responses:

1. Includes 11,500 shares of restricted stock that will vest in equal increments on an annual basis over a three-year period beginning on November 8, 2022.

2. The option vests in five equal annual installments beginning on February 23, 2018.

3. The option vested as to 20,000 shares on July 19, 2018. The option vests as to the remaining shares in four equal annual installments beginning on January 1, 2019.

4. The option vests in five equal annual installments beginning on January 1, 2021.

5. The option vests in five equal annual installments beginning on January 1, 2022.

Remarks:

Chairman, President and Chief Executive Officer Exhibit 24 - Power of Attorney

	/s/ R. John McWhorter, attorney-in-fact	11/08/2021
	** 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 5 (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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