PROSPERITY BANCSHARES INC — Director's Dealing 2020

Mar 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROSPERITY BANCSHARES INC (PB)
CIK: 0001068851
Period of Report: 2020-03-09

Reporting Person: Hanigan Kevin J (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-09	Common Stock	P	5000	$49.23	Acquired	165841	Direct
2020-03-09	Common Stock	P	5000	$52.54	Acquired	170841	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3033	Indirect

Footnotes

F1: On November 1, 2019, pursuant to the Agreement and Plan of Reorganization, dated as of June 16, 2019, by and between Prosperity Bancshares, Inc. ("Prosperity") and LegacyTexas Financial Group, Inc. ("Legacy"), Legacy merged with and into Prosperity (the "Merger"). In connection therewith, each outstanding share of Legacy common stock (including restricted stock awards and options, all of which were deemed vested immediately prior to the Merger), subject to certain limited exceptions, was converted into the right to receive 0.5280 of a share of Prosperity common stock, with cash payable in lieu of any fractional share, and $6.28 in cash. This total includes 681 shares of Prosperity common stock that were received in the Merger but inadvertently omitted from the reporting person's Form 4 filed on November 5, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.53 to $52.55, inclusive. The reporting person undertakes to provide Prosperity Bancshares, Inc., any security holder of Prosperity Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.