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8-KThe WireRoutine

Shareholder Vote

Filed May 19, 2022 · 4y ago · Accession 0001104659-22-062873

Plain English

Material event — a significant development the company must disclose promptly.

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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 16, 2022   INTERNATIONAL BANCSHARES CORPORATION (Exact name of registrant as specified in its charter)   Texas   000-9439   74-2157138 (State or other jurisdiction of incorporation   (Commission File Number)   (I.R.S. Employer Identification No.)   1200 San Bernardo , Laredo , Texas   78040-1359 (Address of principal executive offices)   (Zip Code)   Registrant’s 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);   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 250.13e-4 (c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class:   Trading Symbol   Name of each exchange on which registered: Common Stock, $1.00 par value   IBOC   NASDAQ   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).   Emerging growth company ¨   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. ¨          Item 5.07 Submission of Matters to a Vote of Security Holders.   On May 16, 2022, International Bancshares Corporation (the “Company”) held its 2022 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, 2022;   (3) To consider and approve a non-binding advisory resolution to approve the compensation of the Company’s named executive officers as described in the Compensation Discussion and Analysis and the tabular disclosures in the Proxy Statement; and   The following table lists the final voting results for Proposals 1, 2, and 3 at the Annual Meeting:       For     Against     Abstained/Withheld     Broker Non- Votes   Election of Directors                         Javier De Anda   52,009,941     142,653     28,698     8,160,775   Rudolph M. Miles   52,014,055     138,475     28,763     8,160,774   Larry A. Norton   45,940,567     6,229,895     10,831     8,160,774   Antonio R. Sanchez, Jr   51,752,190     417,129     11,973     8,160,775   Douglas B. Howland   45,956,924     6,211,248     13,122     8,160,773   Dennis E. Nixon   50,866,633     1,303,829     10,831     8,160,775   Roberto R. Resendez   49,079,854     3,080,416     21,022     8,160,775   Diana G. Zuniga   52,073,705     77,168     30,420     8,160,774                             Ratification of RSM US LLP   56,691,009     117,965     176,499     3,356,594                             Non-binding Advisory Resolution on Compensation   51,765,360     343,688     72,242     8,160,777     Based on the foregoing results, each of the above director nominee was elected by a majority vote standard, which is the voting standard required by the Company’s Articles of Incorporation for uncontested director elections. Proposals 2 and 3 were also approved by majority vote.         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 CEO   Date: May 19, 2022
Filing details
Ticker
IBOC
CIK
315709
Form type
8-K
Filing date
May 19, 2022
Report date
May 16, 2022
Document
tm2216093d1_8k.htm
Size
206 KB