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Filing Details

Accession Number:: 0001179110-11-004589
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-03-08 12:00:00
Reporting Period:: 2011-03-04

Filing Date:: 2011-03-08
Accepted Time:: 2011-03-08 19:27:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
315709	International Bancshares Corp	IBOC	State Commercial Banks (6022)	742157138

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1060529	Jr R Antonio Sanchez	P.o. Box 2986 Laredo TX 78044		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-03-04	225,000	$0.00	1,779,184	No	4	J	Indirect	HELD IN PARTNERSHIP
Common Stock	Disposition	2011-03-04	77,511	$18.95	2,689,560	No	4	S	Direct
Common Stock	Disposition	2011-03-04	84,850	$18.95	5,345,186	No	4	S	Indirect	HELD IN TRUST
Common Stock	Acquisiton	2011-03-04	121,771	$18.95	5,466,957	No	4	S	Indirect	HELD IN TRUST
Common Stock	Disposition	2011-03-07	130,000	$18.39	1,649,184	No	4	S	Indirect	HELD IN PARTNERSHIP
Common Stock	Disposition	2011-03-08	70,000	$18.36	1,579,184	No	4	S	Indirect	HELD IN PARTNERSHIP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	HELD IN PARTNERSHIP
No	4	S	Direct
No	4	S	Indirect	HELD IN TRUST
No	4	S	Indirect	HELD IN TRUST
No	4	S	Indirect	HELD IN PARTNERSHIP
No	4	S	Indirect	HELD IN PARTNERSHIP

Footnotes

On March 4, 2011, a total of 225,000 shares were distributed pro-rata from SANTIG, Ltd. to its limited partners. Of these shares, 84,850 shares were distributed to four trusts for which the reporting person is the sole trustee, 77,511 shares were distributed to the reporting person directly and 62,639 shares were distributed to other limited partners.
On March 4, 2011, immediately following the pro-rata distribution described in footnote 1 above, in a private transaction, the reporting person transferred the 77,511 shares, and four trusts for which the reporting person is the sole trustee sold the 84,850 shares, each as described in footnote 1 above, to a fifth trust for which the reporting person is the sole trustee and to a foundation, in satisfaction of certain debt owed to the fifth trust and the foundation by the reporting person and the four trusts. In the transfer, the fifth trust received 121,771 shares and the foundation received 40,590 shares.
This transaction was executed in multiple trades at prices ranging from $18.16 to $18.42. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed in multiple trades at prices ranging from $18.04 to $18.70. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The reporting person disclaims beneficial ownership of the reported securities except to the extent of pecuniary interests therein, if any.