TEXAS CAPITAL BANCSHARES INC

Ticker: TCBI CUSIP: 88224Q107 Class: COM

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 11,966 Value ($000) $679 Avg Close $56.99 Range $50.77 - $64.88

Q3 2019

Shares 17,966 Value ($000) $982 Avg Close $56.95 Range $51.02 - $63.53

Q2 2019

Shares 16,000 Value ($000) $982 Avg Close $60.77 Range $55.04 - $66.61

Q1 2019

Shares 16,000 Value ($000) $873 Avg Close $57.94 Range $50.10 - $62.47

Q4 2018

Shares 44,000 Value ($000) $2,248 Avg Close $63.07 Range $47.86 - $84.34

Q3 2018

Shares 44,000 Value ($000) $3,637 Avg Close $90.70 Range $82.25 - $99.95

Q2 2018

Shares 44,000 Value ($000) $4,026 Avg Close $96.90 Range $87.45 - $103.05

Q1 2018

Shares 37,000 Value ($000) $3,326 Avg Close $93.78 Range $85.95 - $102.90

Q4 2017

Shares 37,000 Value ($000) $3,289 Avg Close $86.65 Range $77.65 - $95.20

Q3 2017

Shares 37,000 Value ($000) $3,175 Avg Close $77.65 Range $69.65 - $87.50

Q2 2017

Shares 37,000 Value ($000) $2,864 Avg Close $77.01 Range $70.65 - $84.35

Q1 2017

Shares 37,000 Value ($000) $3,088 Avg Close $83.82 Range $75.80 - $93.35

Q4 2016

Shares 47,000 Value ($000) $3,685 Avg Close $67.45 Range $54.20 - $81.25

Q3 2016

Shares 57,000 Value ($000) $3,130 Avg Close $50.40 Range $42.36 - $55.25

Q2 2016

Shares 57,000 Value ($000) $2,665 Avg Close $44.80 Range $34.54 - $51.84

Q1 2016

Shares 57,000 Value ($000) $2,188 Avg Close $37.00 Range $29.78 - $49.88

Q4 2015

Shares 57,000 Value ($000) $2,817 Avg Close $54.54 Range $46.25 - $61.83

Q3 2015

Shares 57,000 Value ($000) $2,988 Avg Close $55.85 Range $48.01 - $63.25

Q2 2015

Shares 57,000 Value ($000) $3,548 Avg Close $54.77 Range $47.55 - $63.70

Q1 2015

Shares 57,000 Value ($000) $2,773 Avg Close $47.15 Range $40.40 - $54.81

Q4 2014

Shares 49,000 Value ($000) $2,662 Avg Close $56.71 Range $51.58 - $62.07

Q3 2014

Shares 91,000 Value ($000) $5,249 Avg Close $53.90 Range $49.90 - $60.74

Q2 2014

Shares 91,000 Value ($000) $4,909 Avg Close $56.08 Range $50.76 - $66.62

Q1 2014

Shares 25,000 Value ($000) $1,624 Avg Close $61.82 Range $56.45 - $67.08

Q4 2013

Shares 25,000 Value ($000) $1,555 Avg Close $53.29 Range $44.53 - $62.25

Q3 2013

Shares 59,000 Value ($000) $2,712 Avg Close $46.02 Range $43.43 - $50.15

Q2 2013

Shares 49,000 Value ($000) $2,174 Avg Close $42.69 Range $36.75 - $45.22

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	11,966	$679	$56.99	$50.77 - $64.88
Q3 2019	17,966	$982	$56.95	$51.02 - $63.53
Q2 2019	16,000	$982	$60.77	$55.04 - $66.61
Q1 2019	16,000	$873	$57.94	$50.10 - $62.47
Q4 2018	44,000	$2,248	$63.07	$47.86 - $84.34
Q3 2018	44,000	$3,637	$90.70	$82.25 - $99.95
Q2 2018	44,000	$4,026	$96.90	$87.45 - $103.05
Q1 2018	37,000	$3,326	$93.78	$85.95 - $102.90
Q4 2017	37,000	$3,289	$86.65	$77.65 - $95.20
Q3 2017	37,000	$3,175	$77.65	$69.65 - $87.50
Q2 2017	37,000	$2,864	$77.01	$70.65 - $84.35
Q1 2017	37,000	$3,088	$83.82	$75.80 - $93.35
Q4 2016	47,000	$3,685	$67.45	$54.20 - $81.25
Q3 2016	57,000	$3,130	$50.40	$42.36 - $55.25
Q2 2016	57,000	$2,665	$44.80	$34.54 - $51.84
Q1 2016	57,000	$2,188	$37.00	$29.78 - $49.88
Q4 2015	57,000	$2,817	$54.54	$46.25 - $61.83
Q3 2015	57,000	$2,988	$55.85	$48.01 - $63.25
Q2 2015	57,000	$3,548	$54.77	$47.55 - $63.70
Q1 2015	57,000	$2,773	$47.15	$40.40 - $54.81
Q4 2014	49,000	$2,662	$56.71	$51.58 - $62.07
Q3 2014	91,000	$5,249	$53.90	$49.90 - $60.74
Q2 2014	91,000	$4,909	$56.08	$50.76 - $66.62
Q1 2014	25,000	$1,624	$61.82	$56.45 - $67.08
Q4 2013	25,000	$1,555	$53.29	$44.53 - $62.25
Q3 2013	59,000	$2,712	$46.02	$43.43 - $50.15
Q2 2013	49,000	$2,174	$42.69	$36.75 - $45.22