Howard L. Kasanoff - Oct 29, 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP Chief Credit Officer
Signature
s/ Howard L. Kasanoff by Susan Murr under POA
Stock symbol
CFR
Transactions as of
Oct 29, 2023
Transactions value $
$0
Form type
4
Date filed
10/30/2023, 03:19 PM
Previous filing
Oct 26, 2023
Next filing
Aug 1, 2024

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 +851 +133.18% $0.00 1.49K Oct 29, 2023 Direct
holding CFR Common Stock, $0.01 Par Value 2.98K Oct 29, 2023 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 +851 $0.00 851 Oct 29, 2023 Common Stock 851 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 vested four years from grant date of 10-29-2019.