4//SEC Filing
Hanigan Kevin J 4
Accession 0001209191-20-018076
CIK 0001068851other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:17 PM ET
Size
8.2 KB
Accession
0001209191-20-018076
Insider Transaction Report
Form 4
Hanigan Kevin J
DirectorPresident & COO
Transactions
- Purchase
Common Stock
2020-03-09$49.23/sh+5,000$246,150→ 165,841 total - Purchase
Common Stock
2020-03-09$52.54/sh+5,000$262,700→ 170,841 total
Holdings
- 3,033(indirect: Through LegacyTexas ESOP)
Common Stock
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. 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.53 to $52.55, inclusive. The reporting person undertakes to provide Prosperity Bancshares, Inc., any security holder of Prosperity Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
Documents
Issuer
PROSPERITY BANCSHARES INC
CIK 0001068851
Entity typeother
Related Parties
1- filerCIK 0001417038
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:17 PM ET
- Size
- 8.2 KB