Filing Details

Accession Number:
0001209191-12-037439
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-07-05 18:33:02
Reporting Period:
2012-07-02
Filing Date:
2012-07-05
Accepted Time:
2012-07-05 18:33:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1319327 Encore Bancshares Inc EBTX National Commercial Banks (6021) 760655696
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1406650 H. Eugene Vaughan 3465 Inwood Drive
Houston TX 77019
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-07-02 12,000 $20.62 80,912 No 4 M Direct
Common Stock Disposition 2012-07-02 80,912 $20.62 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (option to buy) Disposition 2012-07-02 6,000 $12.00 6,000 $12.00
Common Stock Stock Option (option to buy) Disposition 2012-07-02 6,000 $12.00 6,000 $12.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,000 2006-06-01 2013-06-01 No 4 M Direct
0 2007-02-01 2014-02-01 No 4 M Direct
Footnotes
  1. On July 2, 2012, Encore Bancshares, Inc. ("Encore") consummated its merger (the "Merger") with EMS Sub I, Inc. ("Merger Sub"), a wholly owned subsidiary of Cadence Bancorp, LLC ("Cadence"), on the terms and conditions set forth in that certain Agreement and Plan of Merger, dated as of March 5, 2012, by and among Encore, Cadence and Merger Sub (the "Merger Agreement"). Pursuant to the Merger Agreement, outstanding stock options held by reporting owner were converted into the right to receive a cash payment equal to the product of (i) the number of shares subject to such stock options and (ii) the excess of $20.62 over the exercise price of such stock options, less applicable tax withholding.
  2. Disposed of in connection with the Merger in exchange for the right to receive a cash payment equal to $20.62 per share