SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MURPHY PAUL B JR

(Last) (First) (Middle)
ONE SOUTH MAIN, SUITE 1134

(Street)
SALT LAKE CITY UT 84111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZIONS BANCORPORATION /UT/ [ ZION ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CEO of Subsidiary Bank
3. Date of Earliest Transaction (Month/Day/Year)
12/03/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/03/2005 A 201,502 A (1) 201,502 D
Common Stock 12/03/2005 A 82,708 A (2) 284,210 D
Common Stock 12/03/2005 A 15,202 A (3) 15,202 I By 401(K) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $13.16 12/03/2005 A(4) 1,034 12/03/2005 03/31/2006 Common Stock 1,034 $0 1,034 D
Stock Option (right to buy) $13.16 12/03/2005 A(4) 5,393 12/03/2005 11/19/2006 Common Stock 5,393 $0 5,393 D
Stock Option (right to buy) $24.53 12/03/2005 A(4) 19,850 12/03/2005 01/02/2008 Common Stock 19,850 $0 19,850 D
Stock Option (right to buy) $28.6 12/03/2005 A(4) 940 12/03/2005 01/04/2009 Common Stock 940 $0 940 D
Stock Option (right to buy) $31.59 12/03/2005 A(4) 940 12/03/2005 01/01/2010 Common Stock 940 $0 940 D
Stock Option (right to buy) $30.95 12/03/2005 A(4) 14,112 12/03/2005 04/27/2010 Common Stock 14,112 $0 14,112 D
Stock Option (right to buy) $64.18 12/03/2005 A(4) 846 12/03/2005 01/02/2011 Common Stock 846 $0 846 D
Stock Option (right to buy) $43.31 12/03/2005 A(4) 12,544 12/03/2005 03/13/2011 Common Stock 12,544 $0 12,544 D
Stock Option (right to buy) $48.57 12/03/2005 A(4) 1,128 12/03/2005 01/02/2012 Common Stock 1,128 $0 1,128 D
Stock Option (right to buy) $43.32 12/03/2005 A(4) 12,544 12/03/2005 02/06/2012 Common Stock 12,544 $0 12,544 D
Stock Option (right to buy) $51.14 12/03/2005 A(4) 31,360 12/03/2005 06/04/2012 Common Stock 31,360 $0 31,360 D
Stock Option (right to buy) $75.85 12/03/2005 A 24,000 12/03/2006(5) 12/02/2012 Common Stock 24,000 $0 24,000 D
Stock Option (right to buy) $46.37 12/03/2005 A(4) 564 12/03/2005 01/02/2013 Common Stock 564 $0 564 D
Stock Option (right to buy) $48.67 12/03/2005 A(4) 9,408 12/03/2005 06/25/2013 Common Stock 9,408 $0 9,408 D
Stock Option (right to buy) $67.91 12/03/2005 A(4) 14,112 12/03/2005 06/25/2014 Common Stock 14,112 $0 14,112 D
Stock Option (right to buy) $58.26 12/03/2005 A(4) 16,620 12/03/2005 05/18/2015 Common Stock 16,620 $0 16,620 D
Explanation of Responses:
1. Pursuant to the Agreement and Plan of Merger, dated as of July 5, 2005, (the ''Merger Agreement''), between Zions Bancorporation (''Zions''), Independence Merger Company, Inc. and Amegy Bancorporation, Inc. ("Amegy''), at the effective time of the merger on December 3, 2005, each outstanding share of Amegy common stock was converted into the right to receive either .3136 shares of Zions common stock or $23.88 in cash, at each shareholder's election and subject to proration as described in the Merger Agreement. The amounts of Zions common stock received by the reporting person in consideration for his 201,502 shares of Amegy common stock have not yet been determined and will be reported by an amendment to this Form 4.
2. Pursuant to the Merger Agreement, at the effective time of the merger on December 3, 2005, each outstanding share of restricted Amegy common stock was converted into .3136 shares of Zions common stock, subject to the same terms and conditions. The amounts of restricted Zions common stock received by the reporting person in consideration of his shares of restricted Amegy common stock have not yet been determined and will be reported by an amendment to this Form 4.
3. Pursuant to the Merger Agreement, at the effective time of the merger on December 3, 2005, each outstanding share of Amegy common stock held in the Amegy Bank 401(k) Savings Plan (the "Plan") was converted into the right to receive either .3136 shares of Zions common stock or $23.88 in cash, at the Plan's election and subject to proration as described in the Merger Agreement. Prior the the effective time of the merger the reporting persion indirectly owned 15,202 shares of Amegy common stock through the Plan. The amounts of Zions common stock indirectly owned by the reporting person through the Plan have not yet been determined and will be reported by an amendment to this Form 4.
4. Pursuant to the Merger Agreement, at the effective time of the merger on December 3, 2005, each outstanding option to purchase Amegy common stock was converted into an option to purchase Zions common stock on the same terms, except that the number of options was adjusted by multiplying the number of Amegy options by .3136 and the exercise price was adjusted by dividing the Amegy exercise price by .3136.
5. Options granted under the Zions Bancorporation 2005 Stock Option and Incentive Plan. Options vest 50% for one year and 25% for second and third years.
/s/Thomas E. Laursen as attorney in fact 12/06/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.