SEC Form 4 · accession 0001179110-17-011551
INTERNATIONAL BANCSHARES CORP · IBOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Antonio R Sanchez Jr.
Director · 10% Owner
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1,F2 | Aug 14, 2017 | S | 15,000 | $36.52 | D | 3,270,331 | I | HELD IN TRUST |
| COMMON STOCKF3,F2 | Aug 15, 2017 | S | 20,000 | $36.24 | D | 3,250,331 | I | HELD IN TRUST |
| COMMON STOCKF4,F2 | Aug 16, 2017 | S | 15,000 | $36.04 | D | 3,235,331 | I | HELD IN TRUST |
| COMMON STOCK | holding | — | — | — | 1,672,890 | D | ||
| COMMON STOCK | holding | — | — | — | 1,067,439 | I | HELD IN PARTNERSHIP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.35 to $36.725, inclusive. The reporting person undertakes to provide to International Bancshares Corporation, any security holder of International Bancshares Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 3, and 4 to this Form 4.
- F2The reporting person disclaims beneficial ownership of the reported securities except to the extent pecuniary interest therein, if any.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.65, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.70 to $36.40, inclusive.