SEC Form 4 · accession 0000899243-18-027541
Cadence Bancorporation · CADE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry W. Powell
Officer — See Remarks
Period of report
Oct 24, 2018
Accepted (ET)
Oct 26, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614184
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1,F4 | Oct 24, 2018 | P | 2,000 | $20.4899 | A | 14,193 | D | |
| Class A Common Stock, par value $0.01 per shareF2,F1,F3 | Oct 24, 2018 | P | 2,000 | $20.4843 | A | 4,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the correction of an error in the number of shares beneficially owned. Amount now reflects that the Reporting Person transferred 2,000 shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock") of Cadence Bancorporation (the "Company"), originally held directly by the Reporting Person in a joint account, to an individually managed account held by Reporting Person's spouse on September 28, 2017.
- F2The reported price in Column 4 is a weighted average price. These shares of Class A Common Stockwere sold in multiple transactions at prices ranging from $20.48 to $20.49 per share of Class A Common Stock, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon written request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the range set forth in this footnote.
- F3Held by Reporting Person's spouse.
- F4Includes 135 shares of Class A Common Stock acquired through the Cadence Bancorporation 2018 Employee Stock Purchase Plan.
Remarks
Executive Vice President and General Counsel