Jimmy Stead - 24 Oct 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
24 Oct 2021
Net transactions value
-$32,959
Form type
4
Filing time
26 Oct 2021, 15:57:43 UTC
Previous filing
10 May 2021
Next filing
28 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 $0 +1,031 +34% $0.000000 4,076 24 Oct 2021 Direct
transaction CFR Common Stock, $0.01 par value Tax liability $32,959 -251 -6.2% $131.31 3,825 24 Oct 2021 Direct
holding CFR Common Stock, $0.01 par value 2,843 24 Oct 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 -1,031 -100% $0.000000* 0 24 Oct 2021 Common Stock 1,031 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.