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4//SEC Filing

TEXAS REGIONAL BANCSHARES INC 4

Accession 0001179110-06-021425

CIK 0000787648operating

Filed

Nov 12, 7:00 PM ET

Accepted

Nov 13, 11:24 AM ET

Size

12.5 KB

Accession

0001179110-06-021425

Insider Transaction Report

Form 4
Period: 2006-11-10
Cahlik Dennis G
Controller
Transactions
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh550$21,3950 total
    Exercise: $27.17Exp: 2015-04-15Class A Common Stock (550 underlying)
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2006-11-10$38.90/sh750$29,1750 total
    Exercise: $28.49Exp: 2016-04-15Class A Common Stock (750 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh550$21,3950 total
    Exercise: $27.17Exp: 2015-04-15Class A Common Stock (550 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2006-11-10$38.90/sh750$29,1750 total
    Exercise: $28.49Exp: 2016-04-15Class A Common Stock (750 underlying)
Footnotes (3)
  • [F1]20% of the options become exercisable on August 1st of each year beginning August 1, 2006.
  • [F2]20% of the options become exercisable on April 25th of each year beginning April 25, 2007.
  • [F3]These options (whether vested or unvested) were exchanged for cash on the effective date of the merger in an amount equal to the excess of $38.90 per share over the strike price per share as contemplated by the Agreement and Plan of Merger dated June 12, 2006 between Texas Regional Bancshares, Inc. and Banco Bilbao Vizcaya Argentaria, S. A.

Issuer

TEXAS REGIONAL BANCSHARES INC

CIK 0000787648

Entity typeoperating
IncorporatedTX

Related Parties

1
  • filerCIK 0000787648

Filing Metadata

Form type
4
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 11:24 AM ET
Size
12.5 KB