M. Annette Alonzo - Oct 26, 2024 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Susan Murr by POA from Annette M. Alonzo
Stock symbol
CFR
Transactions as of
Oct 26, 2024
Transactions value $
-$188,964
Form type
4
Date filed
10/28/2024, 06:33 PM
Previous filing
Mar 7, 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 +1.52K +10.81% $0.00 15.5K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$75.9K -596 -3.84% $127.42 14.9K Oct 26, 2024 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $0 +2.26K +15.11% $0.00 17.2K Oct 27, 2024 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$113K -887 -5.16% $127.42 16.3K Oct 27, 2024 Direct
holding CFR Common Stock, $0.01 par value 14.8K 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 -1.52K -100% $0.00 0 Oct 26, 2021 Common Stock 1.52K Direct F1, F2
transaction CFR Restricted Stock Units Options Exercise $0 -2.26K -100% $0.00 0 Oct 27, 2020 Common Stock 2.26K 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.