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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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 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