Filing Details
- Accession Number:
- 0000109380-11-000082
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-29 18:39:50
- Reporting Period:
- 2011-01-18
- Filing Date:
- 2011-03-29
- Accepted Time:
- 2011-03-29 18:39:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
109380 | Zions Bancorporation | ZION | National Commercial Banks (6021) | 870227400 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1182870 | H Harris Simmons | One South Main Street, 15Th Floor Salt Lake City UT 84133-1109 | Chairman, President | Yes | Yes | 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 | 2011-01-18 | 167,874 | $0.00 | 789,196 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-01-18 | 531 | $24.37 | 788,665 | 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 | Deferred Comp | Disposition | 2011-01-18 | 167,874 | $0.00 | 167,874 | $0.00 |
Common Stock | Phantom Stock | Acquisiton | 2011-03-25 | 979 | $23.23 | 979 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
5,445 | 2011-01-18 | No | 4 | M | Direct | |
5,658 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 69,780 | Indirect | By 401(k) Plan |
Common Stock | 1,814,488 | Indirect | By Crestwood Communications |
Common Stock | 21,850 | Indirect | Custodian for Minor Children |
Common Stock | 9,000 | Indirect | By Spouse |
Footnotes
- On January 18, 2011 the reporting person received 167,874.280 shares of ZION common stock in settlement of an equal number of shares of phantom stock held pursuant to ZION's deferred Compensation.
- On April 12, 2010 the Zions Bancorporation 401(K) Plan was converted from a unitized stock fund to real-time traded stock. The shares reported reflect the converted amount.
- The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- Each unit is the economic equivalent of one share of common stock.
- Units are paid out in cash or stock upon date or age elected at time of deferral, or upon termination of employment.
- Includes shares acquired pursuant to Dividend Reinvestment.
- Each share of phantom stock is the economic equivalent of one share of ZION common stock.
- These shares are issuable in respect of restricted stock units that represent a portion of the reporting person's salary, net of withholdings and deduction, and that were issued under the Zions Bancorporation 2005 Stock Option and Incentive Plan. For more information, please see the Current Report 8-K filed by Zions Bancorporation on January 26, 2011. Restricted stock units are 100% vested on the date of grant but are subject to transfer restrictions that lapse in two annual installments beginning on January 15, 2012 and that lapse in full on the reporting person's earlier death. These units will settle in cash payments.
- The Stock Units will be paid in cash in increments of 50% as of January 15, 2012 and 50% as of December 15, 2012.