SEC Form 4 · accession 0001209191-15-077204
CULLEN/FROST BANKERS, INC. · CFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary C McKnight
Officer — Group Executive Vice President
Period of report
Oct 27, 2015
Accepted (ET)
Oct 28, 2015 · 7:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039263
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $65.11 | Oct 27, 2015 | A | 10,540 | A | — | Oct 27, 2025 | Common Stock | 10,540 | 10,540 | D |
| Restricted Stock UnitsF2,F3 | — | Oct 27, 2015 | A | 2,120 | A | — | — | Common Stock | 2,120 | 2,120 | D |
Explanation of responses
- F1Vest 25% per year for four years from grant date.
- F2Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
- F3Generally vest after four years from grant date of 10-27-2015.