PATRICK B. FROST - 24 Oct 2023 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
President of Frost Bank, Director
Signature
/s/ Patrick B. Frost, by Susan Murr under POA
Issuer symbol
CFR
Transactions as of
24 Oct 2023
Transactions value $
$0
Form type
4
Filing time
26 Oct 2023, 15:48:15 UTC
Previous filing
23 May 2023
Next filing
30 Oct 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CFR Restricted Stock Units Award $0 +2.95K $0.00 2.95K 24 Oct 2023 Common Stock 2.95K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of Cullen/Frost common stock.
F2 Cliff vests three years from the date of grant.