Marc J. Shapiro - 15 Jun 2021 Form 4 Insider Report for Cadence Bancorporation

Role: Director
Signature: Jerry W Powell, Attorney-In-Fact for Marc J. Shapiro
Issuer symbol: N/A
Transactions as of: 15 Jun 2021
Net transactions value: +$130,583
Form type: 4
Filing time: 16 Jun 2021, 16:13:09 UTC
Next filing: 03 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CADE	Class A Common Stock, par value $0.01 per share	Purchase	$130,583	+6,102	+24%	$21.40^*	31,102	15 Jun 2021	Direct
holding	CADE	Class A Common Stock, par value $0.01 per share						298,459	15 Jun 2021	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Amounts reported as beneficially owned reflect an interest in the Shapiro CBS Partnership, and corresponding beneficial ownership of Class A Common Stock equivalent to 298,459 shares of Class A Common Stock in the aggregate, transferred to grantor retained annuity trusts for Mr. Shapiro's children in transactions that only resulted in a change of beneficial ownership and are exempt under Rule 16a-13, and shares held in trust for Reporting Person's daughter with respect to which Reporting Person retains investment authority.
F2	The Reporting Person has voting and investment control of all Class A Common stock held by Shapiro CBS Partnership and may be deemed to be a beneficial owner of such shares.

Content

Amounts reported as beneficially owned reflect an interest in the Shapiro CBS Partnership, and corresponding beneficial ownership of Class A Common Stock equivalent to 298,459 shares of Class A Common Stock in the aggregate, transferred to grantor retained annuity trusts for Mr. Shapiro's children in transactions that only resulted in a change of beneficial ownership and are exempt under Rule 16a-13, and shares held in trust for Reporting Person's daughter with respect to which Reporting Person retains investment authority.

The Reporting Person has voting and investment control of all Class A Common stock held by Shapiro CBS Partnership and may be deemed to be a beneficial owner of such shares.