Jimmy Stead - 06 May 2021 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Group Executive Vice President
Signature
/s/ Jimmy Stead
Issuer symbol
CFR
Transactions as of
06 May 2021
Net transactions value
-$159,260
Form type
4
Filing time
10 May 2021, 13:48:33 UTC
Next filing
26 Oct 2021
SEC
View on sec.gov

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 $78,920 +1,000 +33% $78.92 4,045 06 May 2021 Direct
transaction CFR Common Stock, $0.01 par value Options Exercise $130,220 +2,000 +49% $65.11 6,045 06 May 2021 Direct
transaction CFR Common Stock, $0.01 par value Sale $368,400 -3,000 -50% $122.80 3,045 06 May 2021 Direct F1
holding CFR Common Stock, $0.01 par value 2,739 06 May 2021 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 Employee Stock Option (right to buy) Options Exercise $0 -1,000 -100% $0.000000* 0 06 May 2021 Common Stock 1,000 $78.92 Direct
transaction CFR Employee Stock Option (right to buy) Options Exercise $0 -2,000 -100% $0.000000* 0 06 May 2021 Common Stock 2,000 $65.11 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is based on a weighted average price. The prices actually paid range from $122.69 to $122.88. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.