BLACK DAVID F. 4
4 · Cadence Bancorporation · Filed Jan 3, 2019
Insider Transaction Report
Form 4
BLACK DAVID F.
Chief Risk Officer,EVP
Transactions
- Award
Cadence Class A Common Stock
2019-01-01+48,921→ 48,921 total
Footnotes (2)
- [F1]Represents shares of common stock of Cadence Bancorporation (the "Issuer") received in exchange for 38,491 shares of common stock of State Bank Financial Corporation ("STBZ") pursuant to the merger of STBZ with and into the Issuer (the "Merger").
- [F2]The exchange ratio in the Merger was 1.271 shares of Issuer common stock for each share of STBZ common stock, with fractional shares paid in cash. On the effective date of the Merger, the most recent closing price of the Issuer's common stock was $16.78 per share, and the most recent closing price of STBZ's common stock was $21.59 per share.