Voting Results 5.07



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 
FORM 8-K
 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported):  May 1, 2014

Southside Bancshares, Inc.
(Exact name of registrant as specified in its charter)


Texas
0-12247
75-1848732
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification Number)


1201 S. Beckham, Tyler, Texas
 
75701
(Address of principal executive offices)
 
(Zip Code)


Registrant's telephone number, including area code (903) 531-7111

NA
(Former name or former address, if changed since last report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

p
Written communications pursuant to Rule 425 under Securities Act (17 CFR 230-425)
 
 
p
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)
 
 
p
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
p
Pre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c))








ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

The annual meeting of shareholders of Southside Bancshares, Inc. (the “Company”) was held on May 1, 2014, in Tyler, Texas. Five directors were elected for a term of three years. The shareholders adopted, on a non-binding, advisory basis, a proposal approving the compensation of the Company’s named executive officers. The shareholders re-approved the material terms of performance goals for qualified performance-based awards under the Southside Bancshares, Inc. 2009 Incentive Plan. The shareholders approved the restated certificate of formation, which became effective on May 2, 2014. The appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2014, was ratified.


The final voting results are set forth below:
 
Shares Voted
Nominees for Director for a term expiring at the
2017 Annual Meeting
For
 
Withheld
 
Non Votes
 
 
Lawrence Anderson, M.D.
12,462,154

 
144,986

 
2,766,484

 
 
Sam Dawson
12,494,473

 
112,667

 
2,766,484

 
 
Melvin B. Lovelady, CPA
12,125,056

 
482,084

 
2,766,484

 
 
William Sheehy
11,818,916

 
788,224

 
2,766,484

 
 
Preston L. Smith
12,533,661

 
73,479

 
2,766,484

 
 
 
 
 
 
 
 
 
 
 
For
 
Against
 
Abstain
 
Non
Votes
Executive Compensation
12,138,477

 
350,144

 
118,519

 
2,766,484

 
 
 
 
 
 
 
 
 
For
 
Against
 
Abstain
 
Non
Votes
2009 Incentive Plan
12,321,150

 
204,226

 
81,764

 
2,766,484

 
 
 
 
 
 
 
 
 
For
 
Against
 
Abstain
 
Non
Votes
Restated Certificate of Formation
12,547,274

 
14,417

 
45,449

 
2,766,484

 
 
 
 
 
 
 
 
 
For
 
Against
 
Abstain
 
 
Ratification of Independent Auditors
15,191,707

 
129,616

 
52,301

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding
 
# Voted
 
% Voted
 
 
At Date of Record
17,918,862

 
15,373,624

 
85.80%

 
 










SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 
 
Southside Bancshares, Inc.
 
 
 
Date:  May 7, 2014
By:
/s/ Lee R. Gibson
 
 
Lee R. Gibson, CPA
 
 
Senior Executive Vice President and Chief Financial Officer