SEC Form 4 · accession 0001209191-16-116589
CULLEN/FROST BANKERS, INC. · CFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Avery
Director
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 10:10 am 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Apr 28, 2016 | A | 632 | A | — | — | Common Stock | 632 | 632 | D |
Explanation of responses
- F1Each deferred stock unit represents the right to receive one share of Cullen/Frost Bankers, Inc. common stock.
- F2The deferred stock units vested on April 28, 2016. Shares will be delivered to the reporting person on the date when the reporting person experiences a separation from service with Cullen/Frost Bankers, Inc.