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): April 19, 2022
PROSPERITY BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
| | |
Texas | 001-35388 | 74-2331986 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
4295 San Felipe
Houston, Texas 77027
(Address of principal executive offices including zip code)
Registrant's telephone number, including area code: (281) 269-7199
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 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common stock, par value $1.00 per share | | PB | | New York Stock Exchange, Inc. |
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 5.07Submission of Matters to a Vote of Security Holders
On April 19, 2022, Prosperity Bancshares, Inc. (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”). Holders of 84,178,508 shares of the Company’s outstanding common stock (“Common Stock”), representing 91.34% of the shares entitled to vote as of the record date for the Annual Meeting, participated in person or by proxy.
The matters voted on at the Annual Meeting were:
1.Election of Directors.
George A. Fisk, Leah Henderson, Ned S. Holmes, Jack Lord and David Zalman were elected as Class III directors to serve on the Board of Directors of the Company (the “Board”) until the Company’s 2025 Annual Meeting of Shareholders, and each until their successors are duly elected and qualified, or until their earlier resignation or removal. The table below contains a summary of the number of votes for, votes withheld and broker non-votes for each nominated director:
| | Votes For | | | Votes Withheld | | | Broker Non-Votes | |
| | | | | | | | | | | | |
George A. Fisk | | | 56,838,009 | | | | 21,032,569 | | | | 6,307,930 | |
| | | | | | | | | | | | |
Leah Henderson | | | 48,802,022 | | | | 29,068,555 | | | | 6,307,930 | |
| | | | | | | | | | | | |
Ned S. Holmes | | | 45,158,955 | | | | 32,711,623 | | | | 6,307,930 | |
| | | | | | | | | | | | |
Jack Lord | | | 40,263,612 | | | | 37,606,965 | | | | 6,307,930 | |
| | | | | | | | | | | | |
David Zalman | | | 52,846,043 | | | | 25,024,535 | | | | 6,307,930 | |
The following Class I and Class II directors continued in office after the Annual Meeting: Kevin J. Hanigan, William T. Luedke IV, Perry Mueller, Jr., Harrison Stafford II, James A. Bouligny, W.R. Collier, Bruce W. Hunt, Robert Steelhammer and H.E. Timanus, Jr.
2.Proposal to Ratify Appointment of Independent Registered Public Accounting Firm.
The shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022 by the votes set forth in the table below:
Votes For | | | Votes Against | | | Abstentions | | | Broker Non-Votes | |
| | | | | | | | | | | | | | |
| 83,030,883 | | | | 1,060,896 | | | | 86,728 | | | | 0 | |
3.Advisory Vote on Executive Compensation.
The shareholders adopted, on a non-binding, advisory basis, a proposal approving the compensation of the Company’s named executive officers by the votes set forth in the table below:
Votes For | | | Votes Against | | | Abstentions | | | Broker Non-Votes | |
| | | | | | | | | | | | | | |
| 73,265,348 | | | | 4,273,110 | | | | 332,119 | | | | 6,307,930 | |
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.
| | PROSPERITY BANCSHARES, INC. (Registrant) |
| | |
Dated: April 22, 2022 | | By: | /s/ Charlotte M. Rasche |
| | | Charlotte M. Rasche |
| | | Executive Vice President and General Counsel |
