Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Anderson Julie L
  2. Issuer Name and Ticker or Trading Symbol
TEXAS CAPITAL BANCSHARES INC/TX [TCBI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Controller
(Last)
(First)
(Middle)
2000 MCKINNEY AVENUE, SUITE 820
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2000
(Street)

DALLAS, TX 75201
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 10/28/2005   M   2,900 A $ 6.25 2,900 D  
Common Stock 10/28/2005   S   100 D $ 21.77 2,800 D  
Common Stock 10/28/2005   S   2,800 D $ 21.79 0 D  
Common Stock 11/01/2005   M   5,100 A $ 6.25 5,100 D  
Common Stock 11/01/2005   S   5,100 D $ 21.1 0 D  
Common Stock 01/31/2006   A   96 A (2) (1) 96 D  
Common Stock 01/31/2006   A   337 A (1) 433 D  
Common Stock 04/24/2006   A   2,439 A (3) (1) 2,872 D  
Common Stock 01/31/2007   F   13 D $ 0 2,859 D  
Common Stock 04/24/2007   F   130 D $ 0 2,729 D  
Common Stock 06/29/2007   A   7,500 A (4) (1) 10,229 D  
Common Stock 01/31/2008   F   16 D $ 0 10,213 D  
Common Stock 02/22/2008   F   397 D $ 0 9,816 D  
Common Stock 04/24/2008   F   130 D $ 0 9,686 D  
Common Stock 05/30/2008   M   3,500 A $ 6.25 13,186 D  
Common Stock 05/30/2008   S   3,500 D $ 18.25 9,686 D  
Common Stock 11/03/2008   A   5,500 A (5) (1) 18,093 (6) D  
Common Stock 02/09/2009   M   3,500 A $ 6.25 21,593 D  
Common Stock 02/09/2009   S   3,500 D $ 12.22 18,093 D  
Common Stock 02/22/2009   F   397 D $ 0 17,696 D  

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Table II - Derivative 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Common Stock Purchase Option $ 7.25 04/16/2002   A   5,000   04/16/2003(7) 04/16/2012 Common Stock 5,000 $ 0 5,000 D  
Common Stock Purchase Option $ 7.25 03/18/2003   A   10,000   03/18/2004(8) 03/18/2013 Common Stock 10,000 $ 0 10,000 D  
Common Stock Purchase Option $ 13.95 12/16/2003   A   8,500   12/16/2004(9) 12/16/2013 Common Stock 8,500 $ 0 8,500 D  
Common Stock Purchase Option $ 6.25 10/28/2005   M     100 02/16/2000 02/16/2009 Common Stock 100 $ 0 14,900 D  
Common Stock Purchase Option $ 6.25 10/28/2005   M     2,800 02/16/2000 02/16/2009 Common Stock 2,800 $ 0 12,100 D  
Common Stock Purchase Option $ 6.25 11/01/2005   M     5,100 02/16/2000 02/16/2009 Common Stock 5,100 $ 0 7,000 D  
Stock Appreciation Rights $ 22.65 04/24/2006   A   6,826   04/24/2007(10) 04/24/2016 Common Stock 6,826 $ 0 32,645 (11) D  
Common Stock Purchase Option $ 6.25 05/30/2008   M     3,500 02/16/2001 02/16/2009 Common Stock 3,500 $ 0 3,500 D  
Common Stock Purchase Option $ 6.25 02/09/2009   M     3,500 02/16/2001 02/16/2009 Common Stock 3,500 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Anderson Julie L
2000 MCKINNEY AVENUE
SUITE 820
DALLAS, TX 75201
      Controller  

Signatures

 /s/ Julie Anderson   03/23/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The restricted stock units were granted under the Company's 2005 Long-Term Incentive Plan as part of compensation for employment. Each restricted stock unit represents a contingent right to receive one share of TCBI common stock.
(2) The restricted stock units vest in two equal annual installments beginning January 31, 2007. Vested shares will be delivered to the reporting person within 2 1/2 months following the close of the calendar year in which the restricted stock units vested.
(3) The restricted stock units vest in five equal annual installments beginning April 24, 2007. Vested shares will be delivered to the reporting person within 2 1/2 months following the close of the calendar year in which the restricted stock units vested.
(4) The restricted stock units vest in five equal annual installments beginning February 22, 2008. Vested shares will be delivered to the reporting person within 2 1/2 months following the close of the calendar year in which the restricted stock units vested.
(5) The restricted stock units vest in four equal annual installments beginning November 3, 2009. Vested shares will be delivered to the reporting person within 2 1/2 months following the close of the calendar year in which the restricted stock units vested.
(6) Includes 2,907 shares of common stock acquired under the Company's Employee Stock Purchase Plan from December 31, 2000 to December 31, 2008.
(7) Common Stock Purchase Options vest in five equal, annual installments begining on April 16, 2003.
(8) Common Stock Purchase Options vest in five equal, annual installments begining on March 18, 2004.
(9) Common Stock Purchase Options vest in five equal, annual installments begining on December 16, 2004.
(10) 2,145 of the stock appreciation rights vest in five equal annual installments beginning April 24, 2007.
(11) 4,681 of the stock appreciation rights have expired due to certain performance measures of the Company not being met.

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