8-KThe WireRoutine
Shareholder Vote
Filed May 23, 2018 · 8y ago · Accession 0001104659-18-035389
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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 21, 2018
INTERNATIONAL BANCSHARES CORPORATION
(Exact name of registrant as specified in its charter)
Texas
000-09439
74-2157138
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation or organization)
Identification No.)
1200 San Bernardo, Laredo, Texas
78040-1359
(Address of principal executive offices)
(ZIP Code)
(Registrants telephone number, including area code) (956) 722-7611
None
(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 (see General Instruction A.2.below);
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 250.13e-4 (c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 21, 2018, International Bancshares Corporation (the Company) held its 2018 Annual Meeting of Shareholders (the Annual Meeting), at which the Company submitted the following proposals to its shareholders for a vote:
(1) To elect eight (8) directors to serve until the next Annual Meeting of Shareholders and until their successors shall have been duly elected and qualified;
(2) To ratify the appointment of RSM US LLP, as independent auditors for the fiscal year ending December 31, 2018; and
(3) To consider and approve a non-binding advisory resolution to approve the compensation of the Companys named executives as described in the Compensation, Discussion and Analysis and the tabular disclosures in the Proxy Statement.
The following table lists the final voting results for Proposals 1, 2 and 3 at the Annual Meeting:
Broker
For
Against
Withheld
Abstentions
Non-Votes
Election of Directors
Javier De Anda
53,155,301
55,551
11,007,025
Irving Greenblum
48,458,521
4,752,331
11,007,025
Douglas B. Howland
52,961,852
249,000
11,007,025
Peggy J. Newman
50,922,158
2,288,694
11,007,025
Dennis E. Nixon
51,740,358
1,470,494
11,007,025
Larry A. Norton
52,961,852
249,000
11,007,025
Roberto R. Resendez
53,162,133
48,719
11,007,025
Antonio R. Sanchez, Jr.
52,944,644
266,208
11,007,025
Ratification of RSM US LLP
58,854,436
335,859
82,437
5,004,489
Non-binding Advisory Resolution on Compensation
52,823,064
283,986
103,698
11,007,029
Based on the foregoing results, each director nominee was elected by a majority vote standard, which is the voting standard required by the Companys Articles of Incorporation for uncontested director elections. Proposals 2 and 3 were approved by majority vote.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INTERNATIONAL BANCSHARES CORPORATION
(Registrant)
By:
/s/ Dennis E. Nixon
Dennis E. Nixon, President and Chairman of the Board
Date: May 23, 2018
3
Filing details
- Ticker
- IBOC
- CIK
- 315709
- Form type
- 8-K
- Filing date
- May 23, 2018
- Report date
- May 21, 2018
- Document
- a18-14237_18k.htm
- Size
- 70 KB