| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STXB | Common Stock | Disposed to Issuer | -31.5K | -100% | 0 | Apr 8, 2022 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -2.5K | -100% | 0 | Apr 8, 2022 | Common Stock | 2.5K | $13.00 | Direct | F2 | ||
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -3.75K | -100% | 0 | Apr 8, 2022 | Common Stock | 3.75K | $13.00 | Direct | F3 | ||
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -5K | -100% | 0 | Apr 8, 2022 | Common Stock | 5K | $16.00 | Direct | F4 | ||
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -5K | -100% | 0 | Apr 8, 2022 | Common Stock | 5K | $13.00 | Direct | F5 | ||
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -5K | -100% | 0 | Apr 8, 2022 | Common Stock | 5K | $15.00 | Direct | F6 | ||
| transaction | STXB | Stock Options (right to buy) | Disposed to Issuer | -3K | -100% | 0 | Apr 8, 2022 | Common Stock | 3K | $21.00 | Direct | F7 |
Thomas Jones Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Disposed of in connection the Agreement and Plan of Merger, dated November 18, 2021 (the "Merger Agreement"), by and between Simmons First National Corporation ("Simmons") and Spirit of Texas Bancshares, Inc. ("Issuer"), pursuant to which the Issuer was merged with and into Simmons, with Simmons surviving (the "Merger"). Pursuant to the Merger, each issued and outstanding shares of Issuer common stock and restricted stock units were converted into the right to receive 1.0016722 shares of Simmons common stock. The closing price of Simmons common stock on April 8, 2022, the effective date of the Merger, was $25.44. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock. |
| F2 | This option, which provided for vesting in five equal annual installments beginning 03/21/2018 was canceled in the Merger in exchange for a cash payment of $37,396.69, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |
| F3 | This option, which provided for vesting in five equal annual installments beginning 02/20/2019 was canceled in the Merger in exchange for a cash payment of $56,095.03, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |
| F4 | This option, which provided for vesting in five equal annual installments beginning 02/19/2020 was canceled in the Merger in exchange for a cash payment of $59,793.38, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |
| F5 | This option, which provided for vesting in five equal annual installments beginning 05/26/2021 was canceled in the Merger in exchange for a cash payment of $74,793.38, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |
| F6 | This option, which provided for vesting in five equal annual installments beginning 02/23/2022 was canceled in the Merger in exchange for a cash payment of $64,793.38,, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |
| F7 | This option, which provided for vesting in five equal annual installments beginning 05/23/2023 was canceled in the Merger in exchange for a cash payment of $20,876.03, representing the difference between the exercise price of the option and the fully diluted per share value of the underlying STXB common stock on the effective date of the merger. |