Jimmy Stead - Oct 24, 2021 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Group Executive Vice President
Signature
/s/ Jimmy Stead
Stock symbol
CFR
Transactions as of
Oct 24, 2021
Transactions value $
-$32,959
Form type
4
Date filed
10/26/2021, 03:57 PM
Previous filing
May 10, 2021
Next filing
Oct 28, 2021

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 +1.03K +33.86% $0.00 4.08K Oct 24, 2021 Direct
transaction CFR Common Stock, $0.01 par value Tax liability -$33K -251 -6.16% $131.31 3.83K Oct 24, 2021 Direct
holding CFR Common Stock, $0.01 par value 2.84K Oct 24, 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 Restricted Stock Units Options Exercise $0 -1.03K -100% $0.00* 0 Oct 24, 2021 Common Stock 1.03K Direct F1, F2
* 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 Generally vest after four years from grant date of 10-24-2017.