Beck David W Jr 4
4 · CULLEN/FROST BANKERS, INC. · Filed Oct 24, 2012
Insider Transaction Report
Form 4
Beck David W Jr
President
Transactions
- Award
Restricted Stock Units
2012-10-23+3,900→ 3,900 total→ Common Stock (3,900 underlying) - Tax Payment
Common Stock, $0.01 par value
2012-10-22$54.80/sh−1,401$76,775→ 8,369 total - Award
Employee Stock Option
2012-10-23+13,020→ 13,020 totalExercise: $54.56Exp: 2022-10-23→ Common Stock (13,020 underlying)
Holdings
- 1,917(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (3)
- [F1]Vest 25% per year for four years from grant date.
- [F2]Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
- [F3]Generally vest after four years from grant date.