4//SEC Filing
Williams Roland L. 4
Accession 0001754480-22-000006
CIK 0001642081other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:26 PM ET
Size
8.1 KB
Accession
0001754480-22-000006
Insider Transaction Report
Form 4
Williams Roland L.
Director
Transactions
- Disposition to Issuer
Common Stock
2022-10-01−103,432→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2022-10-01−24,559→ 0 totalExercise: $14.61Exp: 2022-12-30→ Common Stock (24,559 underlying)
Footnotes (2)
- [F1]On October 1, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 5, 2021, by and between CBTX, Inc. ("CBTX") and Allegiance Bancshares, Inc. ("Allegiance"), Allegiance merged with and into CBTX, with CBTX as the surviving corporation (the "Merger"). In connection with the Merger, each outstanding share of Allegiance common stock (including restricted stock awards, which were deemed vested immediately prior to the Merger, less applicable tax withholding), subject to certain limited exceptions, was converted into the right to receive 1.4184 shares of CBTX common stock (the "exchange ratio"), with cash payable in lieu of any fractional share. In connection with the Merger, the reporting person received CBTX common stock in exchange for all of the reporting person's shares of Allegiance common stock (including the foregoing restricted stock awards), with cash received in lieu of a fractional share, in each case without interest.
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding option to purchase Allegiance common stock fully vested and was automatically converted into an option to purchase a number of shares of CBTX common stock equal to the number of shares of Allegiance common stock subject to such option multiplied by the exchange ratio, and having a per share exercise price equal to the per share exercise price for shares of Allegiance common stock subject to such option multiplied by the exchange ratio.
Documents
Issuer
Allegiance Bancshares, Inc.
CIK 0001642081
Entity typeother
Related Parties
1- filerCIK 0001754480
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 5:26 PM ET
- Size
- 8.1 KB