Bobby Berman - Nov 2, 2021 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Group Executive Vice President
Signature
/s/ Bobby Berman
Stock symbol
CFR
Transactions as of
Nov 2, 2021
Transactions value $
-$343,808
Form type
4
Date filed
11/3/2021, 11:30 AM
Previous filing
Oct 28, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFR Common Stock, $0.01 par value Sale -$344K -2.52K -9.32% $136.54 24.5K Nov 2, 2021 Direct F1
holding CFR Common Stock, $0.01 par value 75 Nov 2, 2021 By children F2
holding CFR Common Stock, $0.01 par value 25 Nov 2, 2021 Custodian for Child's UTMA Account F3
holding CFR Common Stock, $0.01 par value 15.1K Nov 2, 2021 Through 401(k) Plan
* 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 $136.43 to $136.67. 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.
F2 The 75 shares represent shares transferred to Mr. Berman's children from accounts under the Uniform Transfers to Minors Act.
F3 The 25 shares represent shares held by Mr. Berman as custodian of an account for the benefit of his child under the Uniform Transfers to Minors Act.