Hanigan Kevin J 4
4 · PROSPERITY BANCSHARES INC · Filed Dec 4, 2019
Insider Transaction Report
Form 4
Hanigan Kevin J
DirectorPresident & COO
Transactions
- Purchase
Common Stock
2019-12-02$69.24/sh+3,000$207,720→ 160,841 total
Holdings
- 3,033(indirect: Through LegacyTexas ESOP)
Common Stock
Footnotes (1)
- [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. This total includes 681 shares of Prosperity common stock that were received in the Merger but inadvertently omitted from the reporting person's Form 4 filed on November 5, 2019.