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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Exchange Act of 1934

 

Date of Report (Date of earliest event reported) May 20, 2021

 

SIMMONS FIRST NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Arkansas 0-6253 71-0407808
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
     
501 Main Street, Pine Bluff, Arkansas   71601
(Address of principal executive offices)   (Zip Code)

 

(870) 541-1000

(Registrant's telephone number, including area code)

 

Not Applicable

(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 (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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value $0.01 per share SFNC The Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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.

 

On May 20, 2021, Simmons First National Corporation (“Corporation”) held its Annual Meeting of Shareholders (“Meeting”) at the Corporation’s corporate offices in Little Rock, Arkansas. At the Meeting, the following matters were submitted to the Corporation’s security holders for consideration: (1) ratification of the action of the Corporation’s board of directors fixing the number of directors at sixteen, (2) election of sixteen directors, (3) adoption of a non-binding resolution approving the compensation of the named executive officers of the Corporation, (4) ratification of the Audit Committee’s selection of the accounting firm BKD, LLP as independent auditors of the Corporation and its subsidiaries for the year ending December 31, 2021, (5) revision of outdated information in the Corporation’s Amended and Restated Articles of Incorporation, and (6) inclusion of provisions in the Corporation’s Amended and Restated Articles of Incorporation to provide for majority voting in uncontested elections of directors.

 

At the Meeting, all sixteen directors were elected by proxies solicited pursuant to Section 14 of the Securities Exchange Act of 1934, without any solicitation in opposition thereto. The following table summarizes the required analysis of the voting by security holders at the Meeting:

 

Voting of Shares

 

 

Action

 

 

For

 

%

 

Against

 

%

 

Abstain

 

%

Broker

Non-Votes

Fix the number of directors at sixteen   82,756,497 97.87 1,651,898 1.95 153,431 0.18 11,667,253
                 

 

Election of Directors

 

 

For

 

%

 

Against

 

%

 

Abstain

 

%

Broker

Non-Votes

Jay D. Burchfield   83,888,028 99.20 520,770 0.62 153,028 0.18 11,667,253
Marty D. Casteel   83,581,122 98.84 840,194 0.99 140,510 0.17 11,667,253
William E. Clark, II   78,609,167 92.96 5,808,802 6.87 143,858 0.17 11,667,253
Steven A. Cosse   82,573,614 97.64 1,847,707 2.19 140,505 0.17 11,667,253
Mark C. Doramus   83,605,324 98.87 809,762 0.96 146,741 0.17 11,667,253
Edward Drilling   83,172,521 98.36 1,235,804 1.46 153,502 0.18 11,667,253
Eugene Hunt   83,418,051 98.65 1,000,866 1.18 142,910 0.17 11,667,253
Jerry Hunter   83,425,646 98.65 987,151 1.17 149,030 0.18 11,667,253
Susan Lanigan   83,082,160 98.25 1,331,666 1.57 148,002 0.18 11,667,253
George A. Makris, Jr.   81,783,450 96.71 2,634,130 3.12 144,246 0.17 11,667,253
W. Scott McGeorge   83,035,083 98.20 1,387,644 1.64 139,100 0.16 11,667,253
Tom E. Purvis   84,072,923 99.42 340,067 0.40 148,836 0.18 11,667,253
Robert L. Shoptaw   82,566,650 97.64 1,852,072 2.19 143,104 0.17 11,667,253
Julie Stackhouse   84,187,522 99.55 224,892 0.27 149,413 0.18 11,667,253
Russell Teubner   84,176,751 99.54 234,451 0.28 150,626 0.18 11,667,253
Mindy West   83,606,602 98.87 715,433 0.85 239,792 0.28 11,667,253
                 

 

Action

 

 

For

 

%

 

Against

 

%

 

Abstain

 

%

Broker

Non-Votes

Adoption of a non-binding resolution approving the compensation of the named executive officers   82,712,717 97.82 1,373,808 1.62 475,301 0.56 11,667,253
                 

 

Action

 

 

For

 

%

 

Against

 

%

 

Abstain

 

%

Broker

Non-Votes

Ratification of the Audit Committee’s selection of BKD, LLP as independent auditors of the Corporation and its subsidiaries for the year ending December 31, 2021   94,694,139 98.41 1,378,285 1.43 156,657 0.16 0
                 

 

Action

 

 

For

 

%

 

Against

 

%

 

Abstain

 

%

Broker

Non-Votes

Revision of outdated information in the Corporation’s Amended and Restated Articles of Incorporation

 

  84,257,228 99.64 84,896 0.10 219,703 0.26 11,667,253
                 
Action   For % Against % Abstain %

Broker

Non-Votes

Inclusion of provisions in the Corporation’s Amended and Restated Articles of Incorporation to provide for majority voting in uncontested elections of directors

 

83,950,033

99.27

377,565

0.45

234,229

0.28

11,667,253

 

 

 

 

 

SIGNATURE

 

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.

 

  SIMMONS FIRST NATIONAL CORPORATION
     
/s/ Robert A. Fehlman  
Date: May 21, 2021 Robert A. Fehlman, President and Chief Operating Officer