SEC Form 4 · accession 0001209191-18-007627
CULLEN/FROST BANKERS, INC. · CFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Perotti
Officer — GEVP and Chief Risk Officer
Period of report
Feb 2, 2018
Accepted (ET)
Feb 5, 2018 · 5:55 pm EST
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 | Feb 2, 2018 | M | 13,000 | $52.44 | A | 92,382 | D | |
| Common Stock, $0.01 par valueF1 | Feb 2, 2018 | S | 10,411 | $105.44 | D | 81,971 | D | |
| Common Stock, $0.01 par valueF2 | Feb 2, 2018 | S | 2,589 | $106.09 | D | 79,382 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 37,771 | 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 Option (right to buy) | $52.44 | Feb 2, 2018 | M | 13,000 | D | Oct 21, 2012 | Oct 21, 2018 | Common Stock | 13,000 | 0 | D |
Explanation of responses
- F1The price in Column 4 is based on a weighted average price. The prices actually paid range from $104.82 to $105.80. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the ranges set forth in footnotes (1) and (2) of this Form 4.
- F2The price in Column 4 is based on a weighted average price. The prices actually paid range from $105.89 to $106.26.