Schultz J. Randall 4
4 · Cadence Bancorporation · Filed Apr 2, 2021
Insider Transaction Report
Form 4
Schultz J. Randall
EVP & Spec Indus Serv Exec
Transactions
- Award
Class A Common Stock, par value $0.01 per share
[F1]2021-03-31$20.73/sh+1,457$30,204→ 53,403 total - Tax Payment
Class A Common Stock, par value $0.01 per share
[F2]2021-03-31$20.73/sh−439$9,100→ 52,964 total - Tax Payment
Class A Common Stock, par value $0.01 per share
[F3]2021-03-31$20.73/sh−2,455$50,892→ 50,509 total - Award
Class A Common Stock, par value $0.01 per share
[F4]2021-03-31$21.79/sh+6,027$131,319→ 56,536 total
Footnotes (4)
- [F1]Award of performance stock units received pursuant to the Amended and Restated 2015 Omnibus Incentive Plan granted in 2018, vesting after 3 years depending upon performance, settled in shares of Class A common stock with the fractional shares settled in cash.
- [F2]Represents withholding of shares to cover tax liability associated with the vesting portion of outstanding performance stock units from 2021.
- [F3]Represents withholding of shares to cover tax liability associated with the vesting portion of outstanding restricted stock units from 2018, 2019 and 2020.
- [F4]Represents the grant of time vesting restricted stock pursuant to the Amended and Restated 2015 Omnibus Incentive Plan. The units vest in three equal installments on each March 31, 2022, March 31, 2023 and March 31, 2024, subject to continued employment through each applicable vesting date, and are settled in shares of Class A common stock (with any fractional shares settled in cash).
Signature
Jerry W Powell, Attorney-In-Fact for J Randall Schultz|2021-04-02