Coolidge E. Rhodes Jr. - 24 Oct 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Signature
/s/ Coolidge E. Rhodes, Jr., by Susan Murr under POA
Issuer symbol
CFR
Transactions as of
24 Oct 2023
Net transactions value
$0
Form type
4
Filing time
26 Oct 2023, 15:52:33 UTC
Previous filing
27 Oct 2022
Next filing
28 Oct 2024

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 +3,685 $0.000000 3,685 24 Oct 2023 Common Stock 3,685 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 The restricted stock unit award cliff vests three years from the date of grant.