Bobby Berman - Oct 26, 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Research & Strategy
Signature
/s/ Susan Murr by POA from Bobby Berman
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$98,751
Form type
4
Date filed
10/28/2024, 06:28 PM
Previous filing
Mar 15, 2024
Next filing
Oct 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +1.25K +4.48% $0.00 29.1K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$38.6K -303 -1.04% $127.42 28.8K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +1.88K +6.54% $0.00 30.6K Oct 27, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$60.1K -472 -1.54% $127.42 30.2K Oct 27, 2024 Direct
holding CFR Common Stock, $0.01 par value 17.8K Oct 26, 2024 Through 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CFR Restricted Stock Units Options Exercise $0 -1.25K -100% $0.00 0 Oct 26, 2024 Common Stock 1.25K Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -1.88K -100% $0.00 0 Oct 27, 2024 Common Stock 1.88K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
F2 Cliff vested three years from grant date of 10-26-2021.
F3 Cliff vested four years from grant date of 10-27-2020.