J. Thomas Wiley Jr. - 29 Oct 2021 Form 4 Insider Report for Cadence Bancorporation

Role
Director
Signature
Jerry W Powell, Attorney-In-Fact for J Thomas Wiley, Jr
Issuer symbol
N/A
Transactions as of
29 Oct 2021
Net transactions value
$0
Form type
4
Filing time
01 Nov 2021, 14:57:19 UTC
Previous filing
26 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 Disposed to Issuer -72,560 -100% 0 29 Oct 2021 Direct F1
transaction CADE Class A Common Stock, par value $0.01 per share Disposed to Issuer -99,100 -100% 0 29 Oct 2021 Kiokee Creek Holdings, LLLP F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

J. Thomas Wiley Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of in connection with this Agreement and Plan of Merger by and between BancorpSouth Bank ("BXS") and Cadence Bancorporation ("Cadence"), dated April 12, 2021 and amended as of May 27, 2021 (the "Merger Agreement"), pursuant to which Cadence was merged with and into BXS, effective October 29, 2021 (the "Merger). Pursuant to the Merger, each issued and outstanding share of Cadence common stock par value $0.01 was converted into the right to receive .70 shares of BXS's common stock par value $2.50 per share (the "Exchange Ratio"). The opening price of the BXS's common stock on the NYSE on the effective date of the Merger was $29.16. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Cadence Common Stock.