Allison S. Johnson - 08 Apr 2022 Form 4 Insider Report for Spirit of Texas Bancshares, Inc.

Role
EVP, CFO, Chief Acct. Officer
Signature
/s/ By Michael L. Durham as Attorney-in-Fact for Allison Johnson
Issuer symbol
N/A
Transactions as of
08 Apr 2022
Net transactions value
$0
Form type
4
Filing time
11 Apr 2022, 17:28:55 UTC
Previous filing
02 Mar 2022
Next filing
18 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STXB Common Stock Disposed to Issuer -21,654 -100% 0 08 Apr 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Allison S. Johnson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 (1) 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.