CULLEN/FROST BANKERS, INC. 4
4 · CULLEN/FROST BANKERS, INC. · Filed Aug 6, 2014
Insider Transaction Report
Form 4
EVANS RICHARD W JR
DirectorChairman, CEO and President
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2014-08-05$50.01/sh+55,000$2,750,550→ 396,250 total - Sale
Common Stock, $0.01 par value
2014-08-05$76.03/sh−44,000$3,345,320→ 352,250 total - Exercise/Conversion
Employee Stock Option
2014-08-05−55,000→ 0 totalExercise: $50.01From: 2009-10-19Exp: 2015-10-19→ Common Stock (55,000 underlying)
Holdings
- 120(indirect: By Partnership)
Common Stock, $0.01 par value
- 57,639(indirect: By 401(k))
Common Stock, $0.01 par value
Footnotes (2)
- [F1]The price in Column 4 is based on a weighted average price. The prices actually paid range from $75.65 to $76.82. 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]Mr. Evans holds a 1% interest in the limited partnership (the "LP") through its general partner, a limited liability company of which he is the sole manager. The number of shares reported assumes that each LP interest represents a proportionate interest in the shares of the Issuer's common stock in which the LP has a pecuniary interest.