Bobby Berman - Oct 24, 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Research & Strategy
Signature
/s/ Bobby Berman, by Susan Murr under POA
Stock symbol
CFR
Transactions as of
Oct 24, 2023
Transactions value $
$0
Form type
4
Date filed
10/26/2023, 03:45 PM
Previous filing
May 4, 2023
Next filing
Oct 30, 2023

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 Award $0 +2.74K $0.00 2.74K Oct 24, 2023 Common Stock 2.74K 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 Cliff vests three years from the date of grant.