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, 2011
PROSPERITY BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
| Texas | 0-25051 | 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)) |
| Item 5.07 | Submission of Matters to a Vote of Security Holders |
On April 19, 2011, Prosperity Bancshares, Inc. (the “Company”) held its Annual Meeting of Shareholders to consider and act upon the items listed below:
| 1. | William H. Fagan, M.D., Perry Mueller, Jr., D.D.S., James D. Rollins III and Harrison Stafford II were elected as Class I directors to serve on the Board of Directors of the Company until the Company’s 2014 Annual Meeting of Shareholders and 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 |
||||||||||
| William H. Fagan, M.D. |
20,929,176 | 17,648,974 | 4,168,612 | |||||||||
| Perry Mueller, Jr., D.D.S. |
22,160,913 | 16,417,238 | 4,168,612 | |||||||||
| James D. Rollins III |
26,128,743 | 12,449,407 | 4,168,612 | |||||||||
| Harrison Stafford II |
27,179,705 | 11,398,445 | 4,168,612 | |||||||||
The following Class II and Class III directors continued in office after the Annual Meeting: James A. Bouligny, Leah Henderson, Ned S. Holmes, Robert Steelhammer, H.E. Timanus, Jr., David Zalman and Ervan E. Zouzalik.
| 2. | The shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2011 by the votes set forth in the table below: |
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 42,421,950 |
306,228 | 18,584 | 0 | |||
| 3. | 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 | |||
| 37,259,180 |
1,155,450 | 163,518 | 4,168,612 | |||
| 4. | The shareholders selected, on a non-binding, advisory basis, an annual frequency for the shareholder vote on the compensation of the Company’s named executive officers by the votes set forth in the table below: |
| 1 Year |
2 Years |
3 Years |
Abstentions |
Broker Non-Votes | ||||
| 22,469,323 |
1,315,913 | 14,518,350 | 274,563 | 4,168,612 | ||||
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, 2011 | By: | /s/ Peter Fisher | ||
| Peter Fisher | ||||
| General Counsel | ||||