4//SEC Filing
Davenport J. Mays 4
Accession 0001209191-19-055342
CIK 0001068851other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 6:30 PM ET
Size
10.9 KB
Accession
0001209191-19-055342
Insider Transaction Report
Form 4
Davenport J. Mays
EVP/Director of Corp Strategy
Transactions
- Award
Common Stock
2019-11-01+6,920→ 6,920 total(indirect: By Trust) - Award
Common Stock
2019-11-01+44,766→ 44,766 total - Award
Common Stock
2019-11-01+1,174→ 1,174 total(indirect: Through LegacyTexas ESOP) - Award
Common Stock
2019-11-01+10,000→ 54,766 total
Footnotes (2)
- [F1]On November 1, 2019, pursuant to the Agreement and Plan of Reorganization, dated as of June 16, 2019, by and between Prosperity Bancshares, Inc. ("Prosperity") and LegacyTexas Financial Group, Inc. ("Legacy"), Legacy merged with and into Prosperity (the "Merger"). In connection therewith, each outstanding share of Legacy common stock (including restricted stock awards and options, all of which were deemed vested immediately prior to the Merger), subject to certain limited exceptions, was converted into the right to receive 0.5280 of a share of Prosperity common stock, with cash payable in lieu of any fractional share, and $6.28 in cash. In connection with the Merger, the reporting person received the Prosperity common stock reported in Table I in exchange for all of the reporting person's shares of Legacy common stock (including the foregoing restricted stock awards and options), with cash received in lieu of a fractional share of Prosperity common stock.
- [F2]In connection with the reporting person's employment agreement, the reporting person received a grant of restricted stock in the amount reported in Table I.
Documents
Issuer
PROSPERITY BANCSHARES INC
CIK 0001068851
Entity typeother
Related Parties
1- filerCIK 0001628427
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 6:30 PM ET
- Size
- 10.9 KB