CULLEN/FROST BANKERS, INC. 4
4 · CULLEN/FROST BANKERS, INC. · Filed May 11, 2015
Insider Transaction Report
Form 4
Olivier Paul
Group Executive Vice President
Transactions
- Sale
Common Stock, $0.01 par value
2015-05-08$73.39/sh−7,940$582,717→ 16,845 total - Exercise/Conversion
Employee Stock Option
2015-05-08−7,940→ 0 totalExercise: $50.64From: 2013-10-20Exp: 2019-10-20→ Common Stock (7,940 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2015-05-08$50.64/sh+7,940$402,082→ 24,785 total - Sale
Common Stock, $0.01 par value
2015-05-08$73.48/sh−3,898$286,425→ 4,621 total(indirect: By 401(k))
Footnotes (1)
- [F1]The price in Column 4 is based on a weighted average price. The prices actually paid range from $73.14 to $73.58. 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.