4//SEC Filing
Hepner Virginia A 4
Accession 0001702696-21-000067
CIK 0001614184other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 4:05 PM ET
Size
5.4 KB
Accession
0001702696-21-000067
Insider Transaction Report
Form 4
Hepner Virginia A
Director
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2021-10-29−22,780→ 0 total
Footnotes (1)
- [F1]Disposed of in connection with the Agreement and Plan of Merger by and between BancorpSouth Bank ("BXS") and Cadence Bancorporation ("Cadence"), dated April 12, 2021 and amended as of May of 27, 2021 (the "Merger Agreement"), pursuant to which Cadence was merged with and into BXS, effective October 29, 2021 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of Cadence common stock par value $0.01 was converted into the right to receive .70 shares of the BXS's common stock par value $2.50 per share ("the Exchange Ratio"), subject to cash in lieu of fractional shares. The opening price of the BXS's common stock on the New York Stock Exchange on the effective date of the Merger was $29.16. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Cadence common stock.
Documents
Issuer
Cadence Bancorporation
CIK 0001614184
Entity typeother
Related Parties
1- filerCIK 0001397236
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 4:05 PM ET
- Size
- 5.4 KB