SEC Form 4 · accession 0000705432-16-000236
SOUTHSIDE BANCSHARES INC · SBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy F Alexander
Officer — Chief Lending Officer
Period of report
Nov 23, 2016
Accepted (ET)
Nov 25, 2016 · 3:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000705432
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2016 | A | 1,603 | $0.00 | A | 4,318 | D | |
| Common Stock | holding | — | — | — | 11,929 | I | IRA | |
| Common Stock | holding | — | — | — | 3,138 | I | 401K | |
| Common Stock | holding | — | — | — | 1,310 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option 3 year / (Right to Buy)F1 | $38.21 | Nov 23, 2016 | A | 7,353 | A | Nov 23, 2017 | Nov 23, 2026 | Common Stock | 7,353 | 7,353 | D |
Explanation of responses
- F1The option vests in three equal annual installments on each of November 23, 2017, 2018 and 2019.