X0306 4 2017-02-16 1 0001461755 Atlantic Capital Bancshares, Inc. ACBI 0001473274 BankCap Equity Fund, LLC 5910 N CENTRAL EXPRESSWAY, STE. 1580 DALLAS TX 75206 0 0 0 1 Former 10% Owner 0001479472 BankCap Partners GP, L.P. 5910 N CENTRAL EXPRESSWAY, STE. 1580 DALLAS TX 75206 0 0 0 1 Former 10% Owner 0001479473 BankCap Partners Fund I, L.P. 5910 N CENTRAL EXPRESSWAY, STE. 1580 DALLAS TX 75206 0 0 0 1 Former 10% Owner 0001688309 BCP Fund I Southeast Holdings, LLC 5910 N CENTRAL EXPRESSWAY, STE. 1580 DALLAS TX 75206 0 0 0 1 Former 10% Owner 0001473236 Reed Scott A. 5910 N CENTRAL EXPRESSWAY, STE. 1580 DALLAS TX 75206 0 0 0 1 Former 10% Owner Common Stock 2017-02-16 4 J 0 1707253 0.00 D 955078 I By BCP Fund I Southeast Holdings, LLC Common Stock 2017-02-16 4 J 0 1707253 0.00 A 1707253 I By BankCap Partners Fund I, L.P. Common Stock 2017-02-16 4 J 0 1707253 0.00 D 0 I By BankCap Partners Fund I, L.P. Common Stock 2017-02-16 4 J 0 16472 0.00 A 27453 I By BankCap Partners GP, L.P. Common Stock 2017-02-16 4 X 0 350000 10.00 A 1305078 I By BCP Fund I Southeast Holdings, LLC Common Stock 2017-02-16 4 S 0 179949 19.45 D 1125129 I By BCP Fund I Southeast Holdings, LLC Warrant (Right to Buy) 10.00 2017-02-16 4 X 0 350000 0.00 D 2007-05-14 2017-05-14 Common Stock 350000 0 I By BCP Fund I Southeast Holdings, LLC On February 16, 2017, BCP Fund I Southeast Holdings, LLC ("BCP Fund LLC") distributed, for no consideration, 1,707,253 shares of Common Stock of the issuer (the "Shares") to BankCap Partners Fund I, L.P. ("BankCap Partners Fund"), representing BankCap Partners Fund's interest in the Shares held by BCP Fund LLC, as the sole member of BCP Fund LLC (the "BCP Fund Distribution"). On the same date, BankCap Partners Fund distributed, for no consideration, the Shares it received from the BCP Fund Distribution to its partners in an amount equal to each such partner's pro rata interest in the Shares (the "Fund Distribution"). The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended. The sole member of BCP Fund LLC is BankCap Partners Fund. The general partner of BankCap Partners Fund is BankCap Partners GP, L.P. ("BankCap Partners GP"). The general partner of BankCap Partners GP is BankCap Equity Fund, LLC ("BankCap LLC"). Brian D. Jones and Scott A. Reed are the managing members of BankCap LLC. BankCap Partners Fund, BankCap Partners GP, BankCap LLC and Mr. Reed may be deemed to be indirect beneficial owners of the shares, but each disclaims beneficial ownership thereof except to the extent of any pecuniary interest therein. BCP Fund LLC, BankCap Partners GP, BankCap LLC and Mr. Reed may be deemed to be indirect beneficial owners of the shares, but each disclaims beneficial ownership thereof except to the extent of any pecuniary interest therein. In connection with the Fund Distribution, BankCap Partners GP received 16,472 shares of Common Stock of the issuer. BCP Fund LLC, BankCap Partners Fund, BankCap LLC and Mr. Reed may be deemed to be indirect beneficial owners of the shares, but each disclaims beneficial ownership thereof except to the extent of any pecuniary interest therein. On February 16, 2017, BCP Fund LLC exercised a warrant to purchase 350,000 shares of Common Stock of the issuer for $10.00 per share. BCP Fund LLC paid the exercise price on a cashless basis, resulting in the issuer withholding 179,949 shares to pay the exercise price and issuing to BCP Fund LLC the remaining 170,051 shares. The issuer also paid $8.05 to BCP Fund LLC in lieu of a fractional share. /s/ Scott A. Reed, attorney-in-fact for BankCap Equity Fund, LLC 2017-02-17 /s/ Scott A. Reed, attorney-in-fact for the general partner of BankCap Partners GP, L.P. 2017-02-17 /s/ Scott A. Reed, attorney-in-fact for the general partner of the general partner of BankCap Partners Fund I, L.P. 2017-02-17 /s/ Scott A. Reed, attorney-in-fact for the general partner of the general partner of the sole member of BCP Fund I Southeast Holdings, LLC 2017-02-17 /s/ Scott A. Reed 2017-02-17