ALEXANDER R DENNY 4
4 · CULLEN/FROST BANKERS, INC. · Filed Feb 20, 2013
Insider Transaction Report
Form 4
ALEXANDER R DENNY
Director
Transactions
- Sale
Common Stock, $0.01 par value
2013-02-19$61.36/sh−2,000$122,720→ 54,050 total - Exercise/Conversion
Stock Option
2013-02-19−2,000→ 0 totalExercise: $52.55From: 2007-04-26Exp: 2013-04-26→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2013-02-19$52.55/sh+2,000$105,100→ 56,050 total(indirect: By Partnership)
Footnotes (2)
- [F1]Shares held by Alton Road Partners, L.P. (the "Partnership") of which the reporting person is a general partner. The reporting person disclaims beneficial ownership of the Common Stock held by the Partnership, except to the extent of his pecuniary interest therein.
- [F2]The price in Column 4 is based on a weighted average price. The prices actually paid range from $61.363 to $61.370. 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.