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8-KThe WireRoutine

Shareholder Vote

Filed Apr 27, 2017 · 9y ago · Accession 0000039263-17-000027

Plain English

Material event — a significant development the company must disclose promptly.

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United States Securities and Exchange Commission 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 27, 2017   Cullen/Frost Bankers, Inc. (Exact name of issuer as specified in its charter)   Texas 74-1751768 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.)     100 W. Houston Street, San Antonio, Texas 78205 (Address of principal executive offices) (Zip code) (210) 220-4011 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) 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: ¨ 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)) Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 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 5.07 Submission of Matters to a Vote of Security Holders At the Annual Meeting of Shareholders of Cullen/Frost Bankers, Inc. (the “Corporation”) held on April 27, 2017 , shareholders voted on the following matters: (1) To elect fifteen nominees to serve as Directors for a one-year term that will expire at the 2018 Annual Meeting of Shareholders. Final voting results were as follows: Name of Nominee   Votes For   Votes Against   Abstentions   Broker Non-Votes R. Denny Alexander   49,653,107   4,168,281   392,703   5,504,540 Carlos Alvarez   53,670,128   164,256   379,707   5,504,540 Chris Avery   53,799,081   21,940   393,070   5,504,540 Samuel G. Dawson   53,743,768   76,156   394,167   5,504,540 Crawford H. Edwards   53,654,077   169,174   390,840   5,504,540 Ruben M. Escobedo   53,444,266   388,613   381,212   5,504,540 Patrick B. Frost   53,176,254   662,623   375,214   5,504,540 Phillip D. Green   53,225,151   595,391   393,549   5,504,540 David J. Haemisegger   53,746,058   59,606   408,427   5,504,540 Karen E. Jennings   53,574,627   245,663   393,801   5,504,540 Richard M. Kleberg, III   53,490,074   346,103   377,914   5,504,540 Charles W. Matthews   53,523,806   289,048   401,237   5,504,540 Ida Clement Steen   53,616,568   199,653   397,870   5,504,540 Graham Weston   48,901,371   4,916,844   395,876   5,504,540 Horace Wilkins, Jr.   53,615,739   193,708   404,644   5,504,540 (2) To ratify the selection of Ernst & Young LLP to act as independent auditors of Cullen/Frost for the fiscal year that began January 1, 2017. Final voting results were as follows: Votes For 58,903,184 Votes Against 420,678 Abstentions 394,769 (3) To provide non-binding approval of executive compensation. Final voting results were as follows: Votes For 52,231,687 Votes Against 1,273,248 Abstentions 709,156 Broker Non-Votes 5,504,540 (4) To provide a non-binding selection of the frequency of future votes on executive compensation by indicating whether the vote on executive compensation should take place every one year, every two years or every three years. Final voting results were as follows: 1 Year 49,492,312 2 Years 272,720 3 Years 3,767,462 Abstentions 681,597 Broker Non-Votes 5,504,540 Consistent with the preferred frequency expressed by the Corporation's shareholders, the Corporation has determined to hold a non-binding advisory vote to approve executive compensation every year, until the next required non-binding advisory vote on the frequency of shareholder votes on the compensation of the Corporation's executive officers. 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.             CULLEN/FROST BANKERS, INC.       By: /s/ Jerry Salinas     Jerry Salinas     Group Executive Vice President and Chief Financial Officer     (Duly Authorized Officer, Principal Financial Officer and Principal Accounting Officer)     Dated: April 27, 2017
Filing details
Ticker
CFR
CIK
39263
Form type
8-K
Filing date
Apr 27, 2017
Report date
Apr 27, 2017
Document
form8-k2q17proxyvoteresults.htm
Size
76 KB