SEC Form 4 · accession 0000705432-18-000075
SOUTHSIDE BANCSHARES INC · SBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilliard J Shands
Director
Period of report
Jun 18, 2018
Accepted (ET)
Jun 20, 2018 · 4:41 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 | 1,745 | $0.00 | A | 288,496 | D | |
| Common Stock | holding | — | — | — | 6,502 | I | IRA | |
| Common Stock | holding | — | — | — | 5,721 | I | Spouse - IRA |
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)F2 | $34.50 | Jun 18, 2018 | A | 8,890 | A | Jun 18, 2019 | Jun 18, 2029 | Common Stock | 8,890 | 8,890 | 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.
- F2The option vests in four equal annual installments beginning on June 18, 2019.