Company: UMBFO
Filing Date: 2025-02-03
Form Type: 8-K
Source: 0001193125-25-018885
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Company: UMB FINANCIAL CORP
Filing Date: 2025-02-03
Form: 8-K
Item: Item 2.01
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Item 2.01. Completion of Acquisition or Disposition of Assets.

Pursuant to the Merger Agreement, on the Closing Date, Merger Sub merged with and into HTLF (the “ Merger”), with HTLF surviving the Merger as a wholly owned subsidiary of the Company (the “ Surviving Entity”). Immediately following the effective time of the Merger (the “ Effective Time”), and as part of a single, integrated transaction, the Surviving Entity merged with and into the Company (the “ Second Merger”, and together with the Merger, the “ Mergers”), with the Company surviving the Second Merger. On the day immediately following the closing date of the Mergers, HTLF’s wholly owned banking subsidiary, HTLF Bank, merged with and into UMB’s wholly owned banking subsidiary, UMB Bank, National Association (the “ Bank Merger”), with UMB Bank, National Association continuing as the surviving bank in the Bank Merger.

Pursuant to the Merger Agreement, at the Effective Time, (i) each share of common stock, par value $1.00 per share, of HTLF (“ HTLF Common Stock”) issued and outstanding immediately prior to the Effective Time, other than certain shares held by UMB or HTLF, was converted into the right to receive 0.55 shares (the “ Exchange Ratio,” and such shares, the “ Merger Consideration”) of common stock, $1.00 par value, of UMB (“ UMB Common Stock”), (ii) each share of 7.00% Fixed-Rate Reset Non-CumulativePerpetual Preferred Stock, Series E, par value $1.00 per share of HTLF (the “ HTLF Preferred Stock”), issued and outstanding immediately prior to the Effective Time was converted into the right to receive one share of the newly created 7.00% Fixed-Rate ResetNon-CumulativePerpetual Preferred Stock, Series A, par value $1.00 per share, of the Company (the “ UMB Preferred Stock”) with such rights, preferences, privileges and powers (including voting powers) as set forth in the Certificate of Designations attached as an exhibit to the Merger Agreement and (iii) each outstanding HTLF depositary share representing a 1/400th interest in a share of HTLF Preferred Stock was converted into a UMB depositary share representing a 1/400th interest in a share of UMB Preferred Stock. Each holder of HT