SEC Form 4 · accession 0001209191-15-077201
CULLEN/FROST BANKERS, INC. · CFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip D Green
Officer — President of CFBI
Period of report
Oct 25, 2015
Accepted (ET)
Oct 28, 2015 · 7:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | Oct 25, 2015 | F | 1,493 | $66.22 | D | 40,545 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 1,100 | I | By Spouse | |
| Common Stock, $0.01 par valueF1 | holding | — | — | — | 25,685 | I | Trustee for Children | |
| Common Stock, $0.01 par value | holding | — | — | — | 37,549 | I | Through 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $65.11 | Oct 27, 2015 | A | 69,010 | A | — | Oct 27, 2025 | Common Stock | 69,010 | 69,010 | D |
| Restricted Stock UnitsF3,F4 | — | Oct 27, 2015 | A | 13,850 | A | — | — | Common Stock | 13,850 | 13,850 | D |
Explanation of responses
- F1Each of Mr. Green's children is the beneficiary of a trust of which Mr. Green is the trustee.
- F2Vest 25% per year for four years from grant date.
- F3Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
- F4Generally vest after four years from grant date of 10-27-2015.