SEC Form 4 · accession 0000705432-18-000072
SOUTHSIDE BANCSHARES INC · SBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Clawater Earl III
Officer — SEVP & CCO
Period of report
Jun 18, 2018
Accepted (ET)
Jun 20, 2018 · 4:35 pm EDT
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 StockF1 | Jun 18, 2018 | A | 1,120 | $0.00 | A | 6,944 | D | |
| Common StockF2 | holding | — | — | — | 1,628 | I | By 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 / (Right to Buy)F3 | $34.50 | Jun 18, 2018 | A | 5,705 | A | Jun 18, 2019 | Jun 18, 2029 | Common Stock | 5,705 | 5,705 | D |
Explanation of responses
- F1Includes previously unreported restricted stock units (RSUs) received pursuant to dividend equivalent rights attached to RSUs held by the reporting person.
- F2Reflects allocation of shares received in connection with reinvestment of quarterly cash dividend. And allocation of fractional shares that have occurred since the date of the reporting person's last ownership report.
- F3The option vests in four equal annual installments beginning on June 18, 2019.