Frances H. Jeter - 29 Sep 2022 Form 4 Insider Report for Allegiance Bancshares, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 29 Sep 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Oct 2022, 18:28:14 UTC
Prior SEC filing: 29 Apr 2022
Next SEC filing: 04 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Shanna Kuzdzal, Attorney-in-fact

Key filing fact

Frances H. Jeter filed Form 4 for Allegiance Bancshares, Inc. on 03 Oct 2022.

Key facts

This page summarizes Frances H. Jeter's Form 4 filing for Allegiance Bancshares, Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Oct 2022, 18:28.

Change

Previous filing in this sequence was filed on 29 Apr 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ABTX transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -387
Change %: -2.4%
Price: $0.000000
Shares after: 15,942
Date: 29 Sep 2022
Ownership: Direct
Footnotes: F1, F2

ABTX transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -15,942
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Oct 2022
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Frances H. Jeter is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On October 1, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 5, 2021, by and between CBTX, Inc. ("CBTX") and Allegiance Bancshares, Inc. ("Allegiance"), Allegiance merged with and into CBTX, with CBTX as the surviving corporation (the "Merger"). In connection with the Merger, each outstanding share of Allegiance common stock (including vested restricted stock awards), subject to certain limited exceptions, was converted into the right to receive 1.4184 shares of CBTX common stock (the "exchange ratio"), with cash payable in lieu of any fractional share. In accordance with the reporting person's restricted stock award agreement, in connection with the Merger, 387 shares of restricted stock were forfeited as of the day prior to the closing date and the reporting person's remaining shares of restricted stock vested.

Footnote F2

In connection with the Merger, the reporting person received CBTX common stock in exchange for all of the reporting person's shares of Allegiance common stock (including the foregoing vested restricted stock awards), with cash received in lieu of a fractional share, in each case without interest.