SEC Form 4 · accession 0001209191-17-058065
CULLEN/FROST BANKERS, INC. · CFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bobby Berman
Officer — Group Executive Vice President
Period of report
Oct 24, 2017
Accepted (ET)
Oct 26, 2017 · 5:42 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 | holding | — | — | — | 30,656 | D | ||
| Common Stock, $0.01 par valueF1 | holding | — | — | — | 25 | I | Custodian for Child's UTMA Account | |
| Common Stock, $0.01 par valueF2 | holding | — | — | — | 75 | I | By Children | |
| Common Stock, $0.01 par value | holding | — | — | — | 11,756 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Oct 24, 2017 | A | 1,213 | A | — | — | Common Stock | 1,213 | 1,213 | D |
Explanation of responses
- F1The 25 shares represent shares held by Mr. Berman as custodian of an account for the benefit of his child under the Uniform Transfers to Minors Act.
- F2The 75 shares represent shares transferred to Mr. Berman's children from accounts under the Uniform Transfers to Minors Act.
- 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 10-24-2017.