MALLORY LEWIS F JR 4

4 · CADENCE FINANCIAL CORP · Filed Mar 7, 2011

Form 4Exit

Period: 2011-03-04

DirectorChairman of the Board and CEO

Transactions

Disposition to Issuer
Cadence Financial Corporation Common Stock
[F1]
2011-03-04$2.50/sh−70,579.65$176,449→ 0 total(indirect: By Employee Benefit Plan)
Disposition to Issuer
Cadence Financial Corporation Common Stock
[F2]
2011-03-04$2.50/sh−3,107.75$7,769→ 0 total(indirect: By 401(k))
Disposition to Issuer
Cadence Financial Corporation Common Stock
[F3]
2011-03-04$2.50/sh−2,853$7,133→ 0 total
Disposition to Issuer
Cadence Financial Corporation Common Stock
[F4]
2011-03-04$2.50/sh−100,336$250,840→ 0 total
Disposition to Issuer
Employee Stock Option Right to Buy
[F5]
2011-03-04$0.20/sh−33,333$6,667→ 0 total
Exercise: $20.75From: 2002-06-13Exp: 2011-06-12→ common stock (33,333 underlying)
Disposition to Issuer
Employee Stock Option Right to Buy
[F6]
2011-03-04$0.20/sh−33,333$6,667→ 0 total
Exercise: $24.11From: 2003-06-13Exp: 2012-06-12→ common stock (33,333 underlying)
Disposition to Issuer
Employee Stock Option Right to Buy
[F7]
2011-03-04$0.20/sh−33,333$6,667→ 0 total
Exercise: $25.20From: 2005-05-01Exp: 2014-04-30→ common stock (33,333 underlying)

Footnotes (7)

[F1]Disposed of in connection with the Merger of the issuer with a subsidiary of Community Bancorp LLC pursuant to that certain agreement and plan of merger dated October 6, 2010, by and among the issuer, Community Bancorp LLC and Maroon Acquisition Corp. (the "Merger"), in exchange for the right to receive a cash payment equal to $2.50 per share.
[F2]Disposed of in connection with the Merger in exchange for the right to receive a cash payment equal to $2.50 per share.
[F3]Disposed of in connection with the Merger in exchange for the right to receive a cash payment equal to $2.50 per share
[F4]Disposed of in connection with the Merger in exchange for the right to receive a cash payment equal to $2.50 per share
[F5]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.
[F6]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.
[F7]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.

Signature

Lewis F. Mallory, Jr.|2011-03-04

Documents

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