William Nichols III - Oct 1, 2022 Form 4 Insider Report for Stellar Bancorp, Inc. (STEL)

Role: Director
Signature: /s/ Justin M. Long, attorney-in-fact
Stock symbol: STEL
Transactions as of: Oct 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/4/2022, 09:55 PM
Previous filing: Oct 3, 2022
Next filing: Mar 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Shares	Shares After	Date	Ownership	Footnotes
transaction	STEL	Common Stock	Award	+7.01K	7.01K	Oct 1, 2022	Direct	F1
transaction	STEL	Common Stock	Award	+51.9K	51.9K	Oct 1, 2022	By Nichols Realty Investments I, LTD	F1
transaction	STEL	Common Stock	Award	+15.6K	15.6K	Oct 1, 2022	By Nichols Rising Star Partners II, LTD	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares received in exchange for shares of Allegiance Bancshares, Inc. ("Allegiance"). On October 1, 2022, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), Allegiance merged with and into Stellar Bancorp, Inc., formerly CBTX, Inc. ("Stellar"), with Stellar as the surviving entity. Pursuant to the Merger Agreement, each issued and outstanding share of Allegiance common stock was converted into the right to receive 1.4184 shares of Stellar common stock.

Content

Shares received in exchange for shares of Allegiance Bancshares, Inc. ("Allegiance"). On October 1, 2022, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), Allegiance merged with and into Stellar Bancorp, Inc., formerly CBTX, Inc. ("Stellar"), with Stellar as the surviving entity. Pursuant to the Merger Agreement, each issued and outstanding share of Allegiance common stock was converted into the right to receive 1.4184 shares of Stellar common stock.