SEC Form 4 · accession 0000899243-19-002920
Cadence Bancorporation · CADE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul B Murphy Jr.
Officer — Chairman and CEO · Director
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 7:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614184
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $22.11 | Feb 5, 2019 | A | 76,749 | A | — | Feb 5, 2026 | Class A Common Stock, par value $0.01 per share | 76,749 | 76,749 | D |
Explanation of responses
- F1Represents grant to Reporting Person of seven-year Non-Qualified Stock Option to buy Class A common stock, par value $0.01 per share, of Cadence Bancorporation (the "Company") pursuant to the Amended and Restated Company 2015 Omnibus Incentive Plan ("the Plan"). The option vests in three equal annual installments beginning on February 5, 2020. Such options will terminate on February 5, 2026 unless terminated sooner in accordance with the Plan or award agreement.