X0306 4 2018-03-05 0 0001265131 Hilltop Holdings Inc. HTH 0001456874 White Alan B 2323 VICTORY AVENUE, SUITE 1400 DALLAS TX 75219 1 1 0 0 Co-Chief Executive Officer Common Stock 2018-03-05 4 A 0 14096 0 A 228987 D Common Stock 1316458 I By Maedgen & White, Ltd. Common Stock 10238 I By Wife Common Stock 23806 I By Double E Investments Common Stock 12883 I By EAW White Family Partnership, Ltd. Common Stock 8045 I By Maedgen, White and Maedgen Represents restricted stock units granted to the reporting person. Such restricted stock units will vest, and an equal number of shares of common stock will be deliverable to the reporting person, upon the third anniversary of the date of grant, March 5, 2021, or immediately upon the earlier occurrence of events specified in the reporting person's restricted stock unit award agreement, including a "change in control" of Hilltop Holdings Inc. The shares of common stock deliverable upon conversion of such restricted stock units will be subject to restrictions on transfer until the first anniversary of the vesting date of the restricted stock units, March 5, 2022, or an earlier "change in control" of Hilltop Holdings Inc. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. Includes 453 shares of common stock held in an individual retirement account. /s/ ALAN B. WHITE 2018-03-07