Home/Filings/4/0001181431-07-008097
4//SEC Filing

TEXAS UNITED BANCSHARES INC 4

Accession 0001181431-07-008097

CIK 0001169238operating

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 4:49 PM ET

Size

11.5 KB

Accession

0001181431-07-008097

Insider Transaction Report

Form 4
Period: 2007-01-31
Peveto Riley
DirectorExecutive Vice President
Transactions
  • Disposition to Issuer

    Common Stock

    2007-01-31101,5620 total(indirect: By Partnership)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2006-01-315,0000 total
    Exercise: $20.16Exp: 2016-04-27Common Stock (5,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2006-01-3110,0000 total
    Exercise: $18.00Exp: 2015-03-24Common Stock (10,000 underlying)
  • Disposition to Issuer

    Common Stock

    2007-01-316,6380 total
Footnotes (4)
  • [F1]Disposed of pursuant to the merger agreement between the issuer and Prosperity Bancshares, Inc. in exchange for 6,638 shares of Prosperity common stock, having a market value of $35.00 per share on the effective date of the merger.
  • [F2]Disposed of pursuant to the merger agreement between the issuer and Prosperity Bancshares, Inc. in exchange for 101,562 shares of Prosperity common stock, having a market value of $35.00 per share on the effective date of the merger.
  • [F3]This option, which provided for 20% annual vesting over a five year period begining on March 24, 2005, was assumed by Prosperity Bancshares, Inc. in the merger and converted into an option to purchase 10,000 shares of Prosperity common stock for $18.00 per share and became fully vested pursuant to the terms of the merger agreement.
  • [F4]This option, which provided for 20% annual vesting over a five year period begining on April 27, 2006, was assumed by Prosperity Bancshares, Inc. in the merger and converted into an option to purchase 5,000 shares of Prosperity common stock for $20.16 per share and became fully vested pursuant to the terms of the merger agreement.

Issuer

TEXAS UNITED BANCSHARES INC

CIK 0001169238

Entity typeoperating
IncorporatedTX

Related Parties

1
  • filerCIK 0001169238

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:49 PM ET
Size
11.5 KB