EVANS JOSEPH W 4
4 · Cadence Bancorporation · Filed Oct 29, 2021
Insider Transaction Report
Form 4
EVANS JOSEPH W
Director
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2021-10-29−60,440→ 0 total(indirect: See Footnote) - Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2021-10-29−309,229→ 0 total
Footnotes (2)
- [F1]Disposed of in connection with the Agreement and Plan of Merger by and between BancorpSouth Bank ("BXS") and Cadence Bancorporation ("Cadence"), dated April 12, 2021 and amended as of May of 27, 2021 (the "Merger Agreement"), pursuant to which Cadence was merged with and into BXS, effective October 29, 2021 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of Cadence common stock par value $0.01 was converted into the right to receive .70 shares of the BXS's common stock par value $2.50 per share ("the Exchange Ratio"), subject to cash in lieu of fractional shares. The opening price of the BXS's common stock on the New York Stock Exchange on the effective date of the Merger was $29.16. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Cadence common stock.
- [F2]Held by 2018 Joseph William Evans Charitable Remainder Unitrust.