ABERNATHY MARK A 4

4 · CADENCE FINANCIAL CORP · Filed Mar 7, 2011

Form 4

Period: 2011-03-04

Director

Transactions

Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−4,725$11,813→ 0 total(indirect: By Trust)
Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−0.85$2→ 0 total(indirect: By IRA)
Disposition to Issuer
Employee Stock Option Right to Buy
2011-03-04$0.20/sh−13,333$2,667→ 0 total
Exercise: $20.75From: 2002-06-13Exp: 2011-06-12→ common stock (13,333 underlying)
Disposition to Issuer
Employee Stock Option Right to Buy
2011-03-04$0.20/sh−13,333$2,667→ 0 total
Exercise: $24.11From: 2003-06-13Exp: 2012-06-12→ common stock (13,333 underlying)
Disposition to Issuer
Employee Stock Option Right to Buy
2011-03-04$0.20/sh−13,333$2,667→ 0 total
Exercise: $25.20From: 2005-05-01Exp: 2014-04-30→ common stock (13,333 underlying)
Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−797.84$1,995→ 0 total(indirect: By Employee Benefit Plan)
Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−12,839.24$32,098→ 0 total(indirect: By 401(k))

Footnotes (7)

[F1]Disposed of in connection with the merger of the issuer with a subsidiary of Community Bancorp LLC pursant 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 conncection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
[F3]Disposed of in conncection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
[F4]Disposed of in conncection with the Merger of 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 payement of $0.20 per share.
[F6]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payement of $0.20 per share.
[F7]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payement of $0.20 per share.

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