ALEXANDER R DENNY 4
4 · CULLEN/FROST BANKERS, INC. · Filed Apr 30, 2012
Insider Transaction Report
Form 4
ALEXANDER R DENNY
Director
Transactions
- Sale
Common Stock, $0.01 par value
2012-04-27$58.86/sh−2,000$117,720→ 61,550 total - Exercise/Conversion
Common Stock, $0.01 par value
2012-04-27$56.90/sh+2,000$113,800→ 63,550 total - Award
Deferred Stock Units
2012-04-26+512→ 2,725 total→ Common Stock (512 underlying) - Exercise/Conversion
Stock Option
2012-04-27−2,000→ 0 totalExercise: $56.90From: 2006-04-27Exp: 2012-04-27→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]The price in Column 4 is based on a weighted average price. The prices actually paid range from $58.8600 to $58.8620. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F2]Each deferred stock unit represents the right to receive one share of Cullen/Frost common stock.
- [F3]The deferred stock units vested on April 26, 2012. Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost.