Karen E. Jennings - Apr 27, 2022 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
Former Director
Signature
/s/ Karen E. Jennings
Stock symbol
CFR
Transactions as of
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
4/29/2022, 03:15 PM

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 +8.01K +348.3% $0.00 10.3K Apr 27, 2022 Direct

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 Deferred Stock Units Options Exercise $0 -8.01K -100% $0.00* 0 Apr 27, 2022 Common Stock 8.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Karen E. Jennings is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
F2 Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc.