William L. Perotti - Oct 25, 2022 Form 4 Insider Report for CULLEN/FROST BANKERS, INC. (CFR)

Role
GEVP and Chief Credit Officer
Signature
/s/ William L. Perotti, by Susan Murr under POA
Stock symbol
CFR
Transactions as of
Oct 25, 2022
Transactions value $
$0
Form type
4
Date filed
10/27/2022, 04:12 PM
Previous filing
Oct 25, 2022

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 +1.45K $0.00 1.45K Oct 25, 2022 Common Stock 1.45K 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 The restricted stock unit award cliff vests three years from the date of grant.