SEC Form 4 · accession 0000899243-19-001436
Cadence Bancorporation · CADE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Randall Schultz
Officer — See Remarks
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 9:23 pm EST
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 | Jan 15, 2019 | A | 32,813 | — | A | 40,643 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the grant of time-vesting restricted stock units pursuant to the Amended and Restated Cadence Bancorporation 2015 Omnibus Incentive Plan. The units vest in twelve equal quarterly installments beginning on April 15, 2019, 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).
Remarks
Executive Vice President and Specialized Industries Services Executive